Riceland Foods
 |
|
| Agricultural marketing cooperative | |
| Industry | Agriculture |
| Founded | 1921 |
| Headquarters | Stuttgart, Arkansas, United States |
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Area served
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60 countries |
|
Key people
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K.Danny Kennedy, President & CEO, Roger Pohlner, Chairman of the Board of Directors |
| Products | Rice, Soy, Wheat, Corn |
| Revenue | $1.3 billion |
| Members | 5,500 |
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Number of employees
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1,500 |
| Website | www |
K.Danny Kennedy, President & CEO,
Riceland Foods, Inc., is a farmer-owned agricultural marketing cooperative and the world's largest miller and marketer of rice. The company was founded in 1921 with headquarters in Stuttgart, Arkansas. Riceland owns and operates seven rice mills, including the largest rice mill in the world, located in Jonesboro, Arkansas. More than two-thirds of Riceland’s business is delivering, milling, storing, marketing and distributing rice. The core mission of this farmer-owned cooperative is to generate enhanced revenue and services for its members.
Some commercially available products under the Riceland Rice label include milled white, brown and parboiled rice, and Rice 'N Easy Flavored Rice. The co-op also sells products to retailers, food service, and food manufacturing companies globally. Riceland also produces rice bran oil and rice flour and offers rice bran and hulls to pet food makers and livestock farmers as feed ingredients and bedding.
Riceland is also a major soybean processor in the Mississippi Delta region of the United States where milling, pressing, packaging and distribution occurs. It refines soybean and other vegetable oils for food service and food manufacturing companies. Soybean meal products are sold primarily to the poultry and catfish industries. In addition, winter wheat and limited quantities of corn are handled, depending on the needs of farmer-members. Bi-products that are commercially marketed include organic gardening amenities like PBH (pasteurized rice hulls) and rice hull ash which are bio-degradable and bio-renewable soil supplement replacements for perlite and vermiculite.
Each year, more than 1,500 employees receive, store, transport, process, and market more than 125 million total bushels of grain produced by its 5,500 farmer/owner members in Arkansas and Missouri.
Riceland Foods is led by a Board of Directors which is composed entirely of farmers. Directors are elected by Riceland's members to formulate policies for the cooperative organization. The CEO of Riceland Foods answers directly to this Board of Directors. The board's chairman and vice chairman provide leadership for the group. Standing committees are appointed to monitor specific areas of the cooperative's business and to report findings to the board. Special committees are appointed as needed. Riceland's members elect 24 fellow farmers as directors, representing the cooperative's geographic regions of operation. These directors serve three-year terms, with one-third of the board being elected each year. They are responsible to act in the best interest of the total Riceland membership in addition to representing the members of their geographic district.
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Wikipedia