We did this in our industry. It is important to keep it a private company owned by ranchers, not a co-op. Co-ops work for about 10 years under the original group, but then become problematic. It is also important that the ranchers keep prices just right, making sure that the farmers are making good money to build more and keep stock healthy, while keeping greedy big groups out (usually owned by investment groups that suck out all the profits). I wish these guys all the best—this is the way forward.
We did this in our industry. It is important to keep it a private company owned by ranchers, not a co-op. Co-ops work for about 10 years under the original group, but then become problematic. It is also important that the ranchers keep prices just right, making sure that the farmers are making good money to build more and keep stock healthy, while keeping greedy big groups out (usually owned by investment groups that suck out all the profits). I wish these guys all the best—this is the way forward.