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Ranchers.net
There is an article in the paper interviewing Cam Ostercamp of the Beef Initiative Group.
Some will remember this as the group RKaiser was supporting.
Question #1 Cam is listed as president of the group.
I was under the impression from Randy that this was just an idea group. A president suddenly suggests this is a business venture which those in charge are looking for a job. Why does an idea group need a president?
Question #2
Exact quote from article: "The group worked hard to develop a plan to process 1500 head of cattle 30 months and older at a cost of between $120 million and $150 million... producers would pay $3 per head on every animal sold to repay the loan."
I thought this was a plant for young cattle, not OTM? According to Randy there wasn't a business plan, the hard worked on plan was $120-$150 million paid back at $3 per head? That's 40-50 million cattle that have to be sold to pay for the plant.
Question #3 Randy had told us they took $100 from producers that became members and that it wasn't enough money to do much with...not a big deal. The article says more than 600 members signed up. That's $60,000. gathered at 20 meetings. Not bad wages for 1 guy. Who has that money?