Crossroads Cooperative Association will strive to provide competitive services and products while operating on an efficient, diversified and profitable basis.
What's New
Friends of Proso Millet Research Fund Since the late 1960's, there has been a millet breeding program at the University of Nebraska
Panhandle Research and Extension Center and High Plains Agricultural Labratory near
Sidney, Nebraska. This is the only millet breeding program in the United States.
All of the common proso millet varieties grown in the Central High Plains today
were developed at UNL's Panhandle Research Center.The first white proso millet
varieyt, Panhandle, was released in 1967, followed by Cerise, Dawn, Rise, and Sunup
in the 1970's. Since 1980 the varieties Earlybird, Huntsman, Sunrise, and Horizon were
developed along with a waxy proso.
Proso millet is critical for sustainable farming and the agricultural industry in the Central
High Plains. Currently, University of Nebraska Alternative Crops Breeding Specialist,
Dr. Dipak Santra, is making new crosses, doing DNA testing, and evaluating proso millet
global germplasm for improved traits such as larger seed, higher yield, tolerance to lodging
and seed shattering, and suitablity for direct combining.
We are providing this information because there is a need for a solid source of funding for the
proso research program. Independent funding for this program never existed,
and future work will require this type of support.
We believe the proso millet program is vital for farmers in Western Nebraska and
North Eastern Colorado. We also think that all those involved in the millet business
from the farmers, elevators, brokers, and end users will benefit from continued work
with proso millet development. Crossroads Cooperative is working with the
University of Nebraska Foundation to establish a research fund that will directly benefit
the proso millet research program by helping to provide monetary support for the
research processes and technical staff who are needed to assist in the work.
The University of Nebraska Foundation has established a fund to which you may contribute
for this research. All money in this expendable fund will be used to benefit the proso millet
research at the High Plains Ag Lab in Sidney, Ne., and will be administered by the
Director of the Panhandle Researchand Extension Center.
All donations are tax deductible, and may be pledged over a three year period.
All donations should be made payable to the University of Nebraska Foundation,
with a notations that indicates it is directed to the Crossroads Coop and the
Friends of Proso Millet Research Fund.
To receive a plegde card, or if you have any questions,
please call 1-800-833-2951 and ask for Virg Schumacher or Deb Brauer.
Thank You
To All Patrons: September 1, 2011 Any Millet over 5% Dock will need to be delivered to
Gurley or Lorenzo so it can be cleaned
Thank you!
Countryside Corn Stoves Clean. Efficient. Innovative. Affordable.
These corn-burning stoves save energy and money heating your home or work spaces. Not only do they help cut heating costs, they are easy operate and maintain, and they enhance the beauty of your home as well. This renewable energy is much cleaner and safer than other fuels in many ways. Find out why. To reserve your Countryside Corn Stove, or for more information, call Rich Krahulik at Crossroads Cooperative in Sidney .
1-308-254-4230
From the CEO
January 3, 2011
Dear Patron:
EXPLANATION OF 1099-PATR BOX 3 “EARNINGS”
FOR CROSSROADS COOPERATIVE ASSN 2010
CALENDAR YEAR GRAIN PURCHASES
FOR DOMESTIC PRODUCTION ACTIVITIES DEDUCTION (DPAD)
There is a permanent deduction for businesses that have manufacturing or production taxable income, called the “Domestic Production Activities Deduction” (referred to as DPAD). The deduction is based on a percentage, phased in over 6 years, and applied to most partnerships, corporations, LLCs, sole proprietorships and other pass thru entities including cooperatives. The deduction for Crossroads Cooperative’s Fiscal Year End, 2010 year (2009 crop) is 9% of “qualified production activities income”.The deduction is also limited to 50% of qualified wages paid by Crossroads Cooperative. The wage limitation does not apply a second time to an amount passed through, if any, to the member on his return.
For the year ended Fiscal Year End, 2010, Crossroads Cooperative has computed the DPAD in accordance with these rules and has elected to retain this deduction at the cooperative level and will NOT pass it on to its members.
As a grower, you may be eligible to compute your own Domestic Production Activities Deduction on your farming operations. Since we have used the net payments when calculating DPAD, the tax laws state that you cannot double count your net payments when computing your own DPAD for your farming operation. This amount is shown in Box 3 on your form 1099-PATR.
Please consult with your tax advisor for further information on the Domestic Production Activities Deduction and how it applies to your individual situation.
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