The biggest 'farmer-owned' coops around me are all CENEX/ Land o Lakes coops. we farmers stuck in the seed money to build them, and continue to have a $$$ stake in them. For those who don't know what a coop is. We get to elect the board of directors, and in theory we control them. So, kinda sorta another govt type of thing......
Anyhow, several years ago, CENEX/LOL started building hog barns & got into the hog business. Directly competing with livestock farmers they are supposed to be serving.
Now this year they have bought several 100,000 acres of farm land in South America. Again, will be directly competing with the folks who built them & should be serving.
So, it happens all the time, not just in govt. All the roads, airports, rail road - all transportation is pretty heavily subsidised by the govt.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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