Jeff Manderscheid, Chairman of the Board, UFC
There’s a saying in agriculture that feels especially true these days: The good times don’t last forever—but neither do the tough ones. At UFC, we’ve lived this cycle before. And because of that, we didn’t just brace for the downturn—we saw it coming and got ready.
Over the last five years, your board of directors and leadership team have taken intentional steps to prepare for exactly this kind of economic environment. While the broader industry has been riding high, we’ve been working behind the scenes to make sure UFC is in a strong position to handle whatever comes next.
Our strategy didn’t start yesterday. It began back in 2018 with a shift in leadership and a renewed focus on long-term planning. From that moment forward, we’ve prioritized financial stability, operational efficiency, and smart growth—all with an eye on the future.
Putting equity retirement at the center of our financial strategy has also been a priority. By steadily reducing liabilities and increasing liquidity, we’ve built a balance sheet that can stand up to tough times—without sacrificing the service and support our member-owners rely on.
And while some might hit pause during economic slowdowns, we’re staying the course when it comes to investing in our people, facilities, and technology. From updating infrastructure to providing training and development opportunities, these investments help us maintain the high standards you’ve come to expect from your coop.
We’re not reacting to a surprise. We’re executing a plan that’s been in motion for years. Our goal has always been to keep UFC strong, steady, and ready to serve—no matter what the market throws our way.
Thank you for your trust and your partnership. We’re proud to stand with you through the highs and the lows, and we’re committed to building a future that works for all of us.