Siouxland Energy and Livestock Cooperative (SELC) is a 501 Cooperative that has elected Partnership tax treatment. SELC is owned by 398 members who are primarily agriculture producers and they supply a significant portion of the plant’s corn supply requirements.
Each member of SELC owns 1 voting stock, which gives them the right to have one vote at meetings that are held for the membership. This voting stock is not transferable. Each member also owns a minimum of 10 equity shares that are transferable.
Each equity share has an annual corn delivery requirement of 250 bushels per share. This corn must be delivered to the members account, but can be sourced locally.
Any correspondence should be directed to:
Siouxland Energy & Livestock Cooperative
Attn : Jeff Altena
3890 Garfield Ave
Sioux Center, IA 51250
712-722-4904 Ext 2
TRADING EQUITY UNITS (SHARES) in Siouxland Energy & Livestock Cooperative
Please read the information below and click on the links to learn how to buy & sell equity units in Siouxland Energy & Livestock Cooperative. Siouxland Energy's Equity Units are traded online at www.alerusagstock.com Or call Alerus Securities toll free at 800-279-3200, ext. 3402, for assistance.
Transfer Periods
Equity interest are continuously traded throughout the year and are
transferred on a quarterly basis. Transfer dates are:
January 1 April 1 July 1 October 1
Click here to download a full SELC Trading Schedule.
How to Become a Member of Siouxland Energy
Please click on the following links to review a summary of trading rules, policies and requirements to be a member of Siouxland Energy & Livestock Cooperative.
Trading Service Agreement with Alerus
Operational Manual with Alerus - Revised 09/09
Partnership Interests Transfer System-Summary
Partnership Interests Transfer System-Complete
Block Transfer Request Form
Private Transfer Request Form
High Moisture Corn Agreement - Revised 05/07
Dry Corn Agreement - Revised 05/07
