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 - Persistence Pays Off - by Sam Grice. About a year ago I was driving down Hwy 36 south of Houston and I saw an old John Deere H sitting in a field with the planters and cultivators still on it. It appeared that it hadn't run in some time, but I stopped and went to the farm house and asked if the tractor was for sale. The lady of the house who answered the door offered no answer, but said that she would talk to her husband and have him call me. I figured he was away at the time. Well I heard from him the next day, and he procee
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