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Coop milk contracts

  • 04-02-2015 10:25am
    #1
    RightTurnClyde
    Registered Users, Registered Users 2 Posts: 2,141 ✭✭✭


    Our crowd has sent out contracts to be signed. I don't think terms seem to be too bad but there is some discontent from a few farmers.the terms are basically
    -5 yr contract with 2 years notice after 3. So a rolling 2 yr contract once the first 3 are up
    -no share purchase needed
    - usual get out like retiring or selling up

    What are the basic terms of other coops without getting into an argument about how good or bad they are.


Comments

  • #2
    sh1tstirrer
    Closed Accounts Posts: 2,489 ✭✭✭sh1tstirrer


    what co op is that with?


  • #3
    RightTurnClyde
    Registered Users, Registered Users 2 Posts: 2,141 ✭✭✭RightTurnClyde


    sh1tstirrer wrote: »
    what co op is that with?

    Pm sent

    People needn't say what coop they are with if they don't want...just wondering
    what's the go of what's out there.


  • #4
    C0N0R
    Registered Users, Registered Users 2 Posts: 1,954 ✭✭✭C0N0R


    Continuous supply agreement with one year notice required. Commitment from processor that they won't seek money from shareholds to finance expansion.


  • #5
    keep going
    Closed Accounts Posts: 3,551 ✭✭✭keep going


    Ill buy every share I can afford or get in my processer, no other investment is giving returns like it


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