Denying farm businesses the advantages of corporate structure in my view is only denying the existence of the inevitable. The world is a very small place today and the multi nationals have a lot of power.... and you're all going to compete with them on a small scale by denying yourselves a corporate structure? Get real....... On a broader scale we've done that in Canada with supply management. While on one hand it provides decent returns without costing the consumer any more money... it has at the same time limited growth and deprived the industry of scale investment required to compete on a global scale. The cost base distortion is so great today that if deregulation did take place, most couldn't compete anyway. The other offset here is that regulation has squeezed the processing sector so much and deprived it of scale.... that it has come to the point where the processors are simply pulling out of this market, period. So unless some smartening up soon happens, there will be no industry before long. So.........be careful what you wish for.....
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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