n.c.iowa | You know in these conversations of this type, a guy has to figure which hat he’s gonna wear....if you are a proponent of a good strong coop, or you are a farmer island unto yourself and you believe that the only gains in input costs are obtained from having as much competition as possible.
then the question(s) become whether a proposed merger will result in a strong, well run entity, with the resultant savings passed along, or if it’s gonna be a boondoggle.
I’d agree with the GE/NC merger, some definite efficiencies gained especially in agronomy(for example; when it was implemented that a $400,000 dollar machine isn’t gonna sit at it’s home location when there are things shaking and moving at another location)
I’m not privy to much in the proposed MY/NEW merger but I suspect that the greatest savings right off the bat there will be the reduction of the bloated middle management class at MY. I suspect there’s close to a million dollars worth of savings there in itself.
NEW is a well run coop with deep financial pockets.
Edited by johnny skeptical 5/18/2021 09:24
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