Yep and the wire reports less demand,because of birdflu what BS last time was worst and it hardly effected demand out of Chinia. In the same breath the say more pork demand well the last time I looked hogs use a lot of soybean meal.
Had big soybean crop in "central" KS....hauled In production from one field with a pickup! Local coop worried...not even a half harvest last year....cut the work staff....now talking Bigger cuts....another bad year this year... it will get ugly....already talking about canceling patronage payout this year.
Sounds like your Coop might have itself over extended. We had a couple smaller grain facilities get bought out by a larger Coop a few years back. It my general area, I've got 5 large cooperatives that are rather stable. I mainly do business with 3 of the 5 and qualified for patronage from 2 of them in 2012.
