Competition

[Braveheart]

What happened to a lot of the closed co-ops set up to process farm products was that the directors, usually farmers, directed the co-ops business model towards helping the farms prosper ahead of making the co-op successful.

[SASKFARMER3]

Here is something about Federated Coop I don't get.
Why do they pay peanuts in Div when their a billion dollar company. Top Company in Sask year in year out.
Someone cherry picking at the top.

[Guest]

federated co-op was created by co-ops , now it is running most co-ops , calling the shots . they created their own monster , lots of co-op can't make any of their own decisions because of money owed to fed. co-op or waiting on their paltry dividend . look at fed co-op fuel price ?? should be lower , not higher than the competition . they couldnt care less about co-op members

[fjlip]

Coop ALWAYS beats Petro Can here, plus 7% patronage last year. So equals 73.7/ L now.

[Guest]

well then ask your local co-op why price is going up , apparently they have to be exactly the same as the rest of them ? guess it doesn't have anything to do with oil price anymore ?? fed co-op could stop this bs , but they are just as greedy as the rest

[Oliver88]

Is that 73cents/ liter dyed diesel GST?

[fjlip]

Currently 79.2, but after a typical patronage of 7%, 73.7. That's all plus GST, dyed bulk.

[sawfly]

you certainly can see where federated makes their money.
they will build a card lock and convenience store anywhere.
refinery to retail.
that's how to make money

unless the top brass are getting too fat. we do get a dividend.
i know they all play nice together.
but if the coop was not there it could be a lot worse for us.

what % is richardson's or agrim giving back?

[Guest]

I agree 100% with that , local co-ops are the savior of small towns . I have always said if we didn't have co-ops or credit unions we wouldn't have anything in small towns but that still doesn't make it right what federated is doing to co-ops . I spent some time on a local co-op board and it was a joke how federated called the shots , local. board was a waste of time . they even sent their people to manage it .

[westernvicki]

We should ask ourselves why Federated is successful at the same time to POOLS collapsed and the CWB failed to change.

My opinion: management, a diverse and capable board.

I agree with MBBatrud but note, the CWB would be the last open station for a broad based company with assets with a stakeholder bias relative to producers. Managed by an appointed board of selected experts producers can only wait and see.