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Northeast Iowa | From an article in June about the proposed new plant: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/06/25/new...
"In a phone interview, Tentinger said the plant would likely be in the cash market initially buying cattle, but the long-term goal is to create contracts with ranchers and feeders to bring their cattle through the system into the new plant.
"We have a lot of young men and women today who have 1,000 head and we want to modernize their facilities with a barn and then bring them in to be part of our program and give them a contract," Tentinger said. "So, five years down the road we don't plan on being out in the cash market very much."
Seems to me like C-IH dealers have fewer red flags than this project. | |
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