![]() ![]() ![]() The concentration ratio is considered reached (achieved) whenever one of the following two conditions is met: Producers adheres to a concentration limit which is set forth by their lending partner. A non-assessable membership in Producers Livestock Marketing Association will be established upon purchase of the livestock. ![]() This interest shall be accrued and charged when the livestock are sold. Producers shall receive the normal handling charge for the purchase and sale of livestock and shall receive interest (which includes the cost of capital) charged at a simple interest rate. The feeder/grazer will be responsible for feeding the livestock, and for any profit or losses incurred. A feeding contract/agreement will be entered into between Producers and the feeder/grazer. Under the terms of the program, Producers will place livestock owned by Producers with selected feeder/grazer’s. Producers Livestock Marketing Association, (“Producers”) proposes to enter into a livestock feeding program with feeder/grazer’s.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |