Lake Area Corn Processors (OTCMKTS:LKCRU) is a farmer-owned cooperative headquartered in Watertown, South Dakota, that specializes in the production of fuel-grade ethanol and related co-products. Established in 2005, the company was formed to provide area corn growers with a market for their grain and to participate directly in the renewable fuels industry. By leveraging local agricultural resources, Lake Area Corn Processors plays a key role in supporting both regional farm incomes and the broader push toward lower-carbon transportation fuels.
The company’s core operation revolves around a dry-mill ethanol plant capable of processing hundreds of thousands of bushels of corn daily. In addition to fuel-grade ethanol, Lake Area Corn Processors produces high-protein dried distillers grains with solubles (DDGS), a valuable livestock feed ingredient, and refined corn oil, which is sold for use in biodiesel and other industrial applications. These co-products help maximize returns from each bushel of corn and align with the cooperative’s vertically integrated business model.
While Lake Area Corn Processors primarily serves fuel distributors and livestock producers in the Upper Midwest, its distribution network extends by truck and rail into several neighboring states. Ethanol is delivered to blending terminals where it is combined with gasoline for use nationwide. DDGS and corn oil shipments reach customers across the United States and into export markets, reflecting the cooperative’s commitment to creating multiple revenue streams and reducing reliance on any single market sector.
Governance of the cooperative rests with a board of directors composed of local farmer-owners, ensuring that strategic decisions remain closely tied to the needs of participating growers. Day-to-day operations are overseen by an experienced management team with expertise in agribusiness, renewable energy, and logistics. Through this structure, Lake Area Corn Processors maintains a focus on operational efficiency, environmental stewardship, and economic benefits for its members and the communities it serves.
AI Generated. May Contain Errors.