While we can’t speak for them, it is important to remember that we are a federation of farmer-owned cooperatives and this decision was made by their board. This plan allows Premier Select Sires to continue as a Cooperative Member of the unified Select Sires and provides their members with access to genetics.
We can tell you they will not be able to take advantage of some of the same benefits as those members joining the unified cooperative, including board representation and input on the cooperative’s direction. The Select Sires boards are preparing for the future to ensure long-term financial strength of the cooperative and opportunities for employees. Just like farmers are analyzing where dollars are spent on their farms, we are increasing efficiencies while generating more valuable service to our farmer-owners. This makes good business sense.