Section 199A(g) is a deduction that allows eligible cooperatives to reduce their taxable income. One of the benefits of Section 199 is that cooperatives like Key can pass a portion of the deduction through to farmer-members.
Did you know Key Cooperative has two feed mill facilities to serve members all over central Iowa? The Gilbert Feed Mill specializes in custom bulk and bagged feed formulations for beef, dairy, swine, sheep, goats and poultry. The Grinnell Feed Mill specializes in economically producing high volumes of feed, including texturized and pelleted feeds.