SIOUX CENTER—Kooima Kooima Varilek Trading had an open house Thursday afternoon to mark the new name for a long-standing Sioux Center business.
The reason for the change in name came with the departure of longtime partner Lauren Kaemingk in September.
It's also because Joe Kooima and Scott Varilek will join the company’s founder Brad Kooima as co-owners of the business.
Varilek said the name change is exciting, and he and Joe are happy to play a role in the company’s future.
“Very thankful to Brad for the opportunity to work here and have that future,” Varilek said.
For years, the business has operated as Kooima & Kaemingk Commodities. In their line of work, they work with hedgers and speculators, farmers and ranchers with commodities and futures trading.
According to Varilek, “Corn, soybeans, cattle and hogs are main things we work with here, and helping them protect their bottom lines, the commodities that they raise.”
“We got a broad group of clientele. I’d say the vast majority of our customers are within a 75 mile radius,” Brad added.
Joe has been with the company since June 2011.
Varilek began in July 2011.
Joe likes the work because there are always new scenarios being played out.
“You don’t know what to expect. It could be a very quiet day, there could be some event that makes the markets go in either direction,” Joe said. “That’s the draw for me; there are no two days that are the same.”
Varilek grew up on a farm, and he still loves agriculture. That’s a good part of the draw for staying in this line of work, working with the industry he grew up in and loves.
Brad finds the people in this area to be aggressive in their business lives, which suits their business, too.
“It is a high-risk business. It’s not for the faint of heart,” he said. “The culture around here, the strive to succeed matches well with this kind of business, I would say.”
People wanting to do business with them can stop on in at 580 Third St. N.W., Sioux Center, call 712-722-0023 or visit their website, www.kkvtrading.com.