Indiana-based Ag Plus is deeply rooted in the community it serves. Through mergers and acquisitions, the century-old cooperative has expanded its reach to serve a diverse membership — from small weekend farmers to large-scale producers, including multigenerational families and Amish communities.
Ag Plus was formed in 1912 as a farmer-owned grain elevator and now generates approximately $270 million in annual sales. It operates across fi ve divisions — covering grain, agronomy, feed, energy and retail and serving approximately 1,145 member-owners in Indiana and Ohio. Through its evolution, it hasn’t lost sight of its community-first values, positioning itself as a mainstay in the region’s agricultural landscape.
“Many of the producers we work with today have grown up coming to our grain elevator, and now they bring their own children. For some members, it’s a passed-down tradition — and we strive to be in operation for many more generations to come,” said Jeff Mize, president and CEO of Ag Plus.
Ag Plus has a long-standing relationship with CoBank, using a variety of financial services from the bank — including its positive pay, cash management solutions and Farm Credit Leasing programs to help support operational needs.
“We have worked with CoBank for decades. They understand our need for capital, helping to analyze our plans for future projects. And they especially know the nuances of the grain industry — there has been a lot of trust built over the years, and they have been extremely instrumental in our continued growth,” Mize said.
CoBank understands that need and ultimately understands what is at the heart of our mission.
In 2025, Ag Plus partnered with CoBank to complete an $8.8 million grain facility upgrade, increasing drying speeds to over 6,000 bushels per hour and adding 1 million bushels of additional storage. Ag Plus also upgraded its electrical systems and conveyor equipment during the overhaul while financing equipment and vehicles through CoBank’s Farm Credit Leasing subsidiary.
Ag Plus currently has $65 million in total commitments with the bank, which also helps with various other operational endeavors — including a new software system and drone technology to modernize its approach.
“With continued growth, there’s also a need for efficiency. CoBank understands that need and ultimately understands what is at the heart of our mission,” Mize said. “We also wouldn’t be successful for all these years without our members and employees — they are the ones working the long hours out in the fi eld and at the grain elevator. It’s all a cohesive relationship. CoBank supports us so we can support them — and that’s what matters,” Mize said.