The predecessor of the New London Cooperative was the New London Farmers' Exchange Company, organized in 1919 as a marketing cooperative for agricultural products such as grain, flour, and potatoes. The New London Cooperative Exchange apparently replaced the Farmers' Exchange in 1941 to market, buy, sell, and store agricultural products. By the 1950's, the merchandise inventory of the Exchange listed seeds and fertilizer; grain and feed; hardware; farm machinery and repair parts; lime; cement; and coal. The Bi-County Consumers Cooperative Association was organized in March 1941 and handles petroleum products. In 1967 the New London Cooperative was formed by the merger of the New London Cooperative Exchange, Bi-County Consumers Cooperative Association, and the New London Farmers Cooperative Oil Company. The New London Cooperative joined the Cenex firm circa 1976.
