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Malta, Illinois | Not saying it is right or wrong but a lot of coops have done this. Anyone who is not actively farming has their stock converted into non-voting stock. The idea is that the people actively using the coop and supporting it are the ones that should be making the decisions. I think they should give you the option to redeem your shares before they convert it to non-voting. Since you have rented your ground on shares I assume you are still buying inputs and doing other business with the coop? If so I don't blame you for being upset. It might be a good idea to have a conversation with someone and explain your situation. Maybe someone was under the impression you rented the ground out and retired? | |
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coop got to big for me to vote
