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 - 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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