WE’RE FINISHING 2023 STRONG
by: Kevin Jones, President/CEO
We just finished our six-month financial review of Fiscal 2023. Halfway through the year, NuWay-K&H Cooperative is exceeding all budget targets. We expect to finish 2023 strong.
On the agronomy side, 80% of our yearly business is done in the fall, so once we’re through this six-month time period, we have a good idea where we’ll end up. We expect to finish this fiscal year strong and set ourselves up for another good year in Fiscal 2024.
HOW WE’LL DO IT
We predicted some of this a few years ago—the current ag environment with its labor issues and increasing costs. So, we’ve continued to position ourselves to thrive in a market like this. Not that we’re immune to what is happening, but financially and labor wise, we’re looking to finish 2023 strong.
Frankly, the reason we’re able to do this is our people. We have a great mix of new and experienced employees. What has set us apart from the competition in the past (and what will set us apart in the future) is our ability to adapt.
Over the last 18 to 24 months, I’ve made this sentence my theme: “We need to figure out how to do more with less.” Well, our team has accepted that challenge and continues to show their ability to adapt to whatever economic circumstances face us.
Sure we have challenges, as any company does, but we’re in a good position to succeed because of our people.
As always, please contact me with any questions or suggestions you may have. My door is always open to you, our member-owners.