Our History

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Our History

  • August 5, 1919 the Board of Okawville Farmer Elevator Company held its first Board Meeting and Directors were elected
  • Spring of 1920 construction began on a new 15,000 bushel grain elevator in Okawville
  • September 6, 1920 a picnic was held to dedicate the new elevator in Okawville (this was the forerunner to the Annual Wheat Festival)
  • 1921-1938 various additions were built at the coop as the business grew including a building for the seed cleaner and a grinder
  • 1939 an ear corn crib was built in Okawville
  • 1941 a new feed building was built with a larger hammermill and mixer in Okawville
  • 1941 the Board declared its first patronage refund to members of $2,125
  • ​1947 a 25'x44' concrete storage bin was built in Okawville
  • 1948 4 additional concrete storage bins were built in Okawville
  • 1949 a warehouse for flour was built south of the elevator in Okawville
  • 1950 a a new corn sheller was purchased
  • 1955 the ear corn crib was converted to a seed cleaning building
  • 1956 a steel bin was built in Okawville
  • 1956 capital stock was increased to $80,000
  • 1960 a new corn sheller was installed
  • 1964 capital stock was increased to $100,000
  • 1968 the elevator in Addieville was bought from the Gaebe family
  • 1972 the feed grinding building was damaged by fire and rebuilt
  • 1974 the coop entered the liquid fertilizer business with a partner, Swift Fertilizer Company
  • 1975 a new 35,000 bushel bin was built in Addieville
  • 1976 the coop purchased its first liquid spray truck
  • 1976 2 concrete silos were built in Okawville
  • 1977 a new feed warehouse was built in Okawville
  • 1979 the coop entered the NH3 business
  • 1979 the partnership with Swift was ended and the coop went into the liquid fertilizer business on its own, supported by Farmland Industries
  • 1981 the fiscal year end was changed from December 31 to August 31
  • 1981 in June the Addieville grain facilities were destroyed by fire
  • 1981 in September the grain facilities had been rebuilt
  • 1984 a new dry fertilizer plant was built in Okawville
  • 1986 the office was enlarged in Okawville
  • 1986 the bookkeeping system was converted to a computer based system
  • 1987 an addition was constructed to the dry fertilizer plant
  • 1988 a grain bin was constructed in Addieville
  • 1989 the HLM Grain business in St Libory was purchased
  • 1990 the Joellenbeck lumber business and property was purchased in Okawville
  • 1992 a new chemical plant was built in Okawville
  • 1993 the rail siding was expanded in Okawville
  • 2001 a 300,000 bushel bin was constructed in Okawville
  • 2005 Okawville Farmers Elevator Company and Trenton Farmers Equity Exchange (including Pierron) merged forming TOP AG Cooperative
  • 2006 leased Lebanon Grain from the Toberman family
  • 2006 a 750,000 bushel bin was constructed in Okawville
  • 2010 there was a major grain expansion in Okawville with a new leg dump and 2nd 750,000 bushel bin (Pit 3)
  • 2011 severe wind damage was suffered to grain storage at both Pierron and Okawville and was rebuilt
  • 2011 Mascoutah grain facilities were purchased after having leased them for several years
  • 2012 a severe drought covered most of the Midwest with our local area being some of the worst resulting in widespread near crop failure
  • 2014 the rail siding was expanded to allow for loading 65 rail car trains
  • 2014 a new 3,000 bu/hr grain dryer was erected in Okawville
GRAIN PRICES FROM A HISTORICAL PERSPECTIVE
Cash prices the week before Thanksgiving
Year
Wheat
Corn
Soybeans
1923
$0.98
$1.00
na
1933
$0.80
$0.95
na
1943
$1.56
$1.22
na
1953
$1.86
$1.52
$2.77
1963
$2.02
$1.06
$2.54
1973
$4.70
$2.48
$5.50
1983
$3.29
$3.33
$7.55
1993
$3.27
$2.65
$6.62
2003
$4.03
$2.33
$7.67
2013
$6.51
$4.24
$13.26
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