The PGG Board of Directors began looking through its business model several months ago to find which services were most important to members, and how they could be restructured for maximum efficiency. The decision came last week to drop the retail business in order to make other services such as grain marketing, fuel and agronomy more useful and profitable.
The move comes at a time when PGG is also seeking to negotiate a possible alliance with CHS Inc., of St. Paul, Minn., for much-needed capital to help members keep up with changes in agriculture.
PGG will hold its annual meeting Tuesday, June 24 at the Pendleton Convention Center, where Moore said the board should have more information about the sale and potential talks with CHS. Any formal partnership would have to be approved by a vote of the membership, she said.
Established in 1930, the co-op currently has 1,850 members and 229 employees.