Denying farm businesses the advantages of corporate structure in my view is only denying the existence of the inevitable. The world is a very small place today and the multi nationals have a lot of power.... and you're all going to compete with them on a small scale by denying yourselves a corporate structure? Get real....... On a broader scale we've done that in Canada with supply management. While on one hand it provides decent returns without costing the consumer any more money... it has at the same time limited growth and deprived the industry of scale investment required to compete on a global scale. The cost base distortion is so great today that if deregulation did take place, most couldn't compete anyway. The other offset here is that regulation has squeezed the processing sector so much and deprived it of scale.... that it has come to the point where the processors are simply pulling out of this market, period. So unless some smartening up soon happens, there will be no industry before long. So.........be careful what you wish for.....
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Today's Featured Article - The David Brown Rose Badge - by Samuel Kennedy. In the 13th century civil war was raging in England. Two English noblemen were involved in a conflict which became known as the War of the Roses. The Duke of York had as his emblem a white rose and the Earl of Lancaster had a red rose. Today the white rose is the official emblem of the county of Yorkshire and the red rose has been adopted by the neighboring county of Lancashire.
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