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Southern Mn | Most powerful person at the Co-OP should be the board of directors. I have been a member of a dairy Co-op who let the manager run the thing in the ground, wrote down all equitys 2/3 to make the balance sheet work for the bank, that sucks. Co-op I do bussiness with is paying 30% cash every year retirements at 68, of course all estates are paid out upon death. Regional equitys are also paid out at 68. Why anyone would do business with someone who doest pay out at a certain age I'll never know. Our BOD is very on top of things, our co-op is large by some standards has the best equipment around, many locations, up to date grain facilitys, do I care if they make a buck off me? HELL NO they better or else how long are they gonna be around? when you haul to a private elevator, how often is there patronage on the sale? Does cargil send you a divident check? | |
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2013 harvest = Just in time inventory management and Co-op complaints
