There was a Farmers Coop here in New Ulm when I was a little kid, it went under back then. Dad lost equity, I believe he was pretty smart & didn't lose much actual grain in that one. It was a game of chicken, the coop was paying 5-7 cents more per bu to gain more bushels, you kinda knew they were trying to replace to much debt with more volume and it would blow up, but - they were paying more so where do you sell your load of grain..... Nowadays Clawbacks and those fancy lawyer terms would eat you alive, but back then when the doors were shut down you had what you had and they had what was inside and that's how it was done.
I can work with a coop, and I can work with a big private business, but this combo we are getting, that's a hard one to do business with - I'm the little nut in the middle that will get ground up and spit out with empty pockets.
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Today's Featured Article - A Question for Dads This recent topic from the Tractor Talk discussion board is being highlighted because it is an awesome display of the caliber of individuals that have made this site their own. The young person asking questions received positive feedback and advice from total strangers who "told it like it is" with the care many reserve for their own kids. The advice is timeless... so although it isn't necessarily antique tractor related, it will be prominently displayed in our archives to honor those who have the courage to ask and those who have the courage to respond in an honest, positive manner.
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