Distress Fire Sale of Co-op Farms or a Co-op Farm Trust Buy Out? Tracy McVeigh wrote an article in the 4th May Observer entitled, ‘Co-ops £140mn farms sale aimed at Chinese buyers.’ As critics of the sale are saying, ‘this firesale will barely make a dent in the Co-op Group’s losses.’ Here is the blog […]
Tag Archives | co-ops
Guardian Letters, Published on 19 April 2014 Dear Editor, It’s not just Lord Myner’s proposed Co-op Group reforms that may be rejected by the Co-op Group Board, (P2, Guardian., 14.4.2014) but also co-op members’ proposals for community buy outs of the Group’s farms. It is shocking that the Group has ditched its co-op values and […]
We propose Co-operative Community Buy Outs of the Co-operative Group’s Farms and putting the farm land into co-operative trusteeship beyond the market, rather than a fire distress sale of our mutual national asset to hedge funds and predatory banks for asset stripping, tax avoidance, loss of jobs and land speculation.
Excellent article explaining what could lie ahead for the 70,000 acres of farm land which the Co-Operative Group plans to sell off.
One motivation for people engaged in community farm land trusts is to build democratic and ethical control of the food chain. Most citizens and many farmers and aspiring farmers are denied access to land ownership – which prevents participation at the root of the food system. CLTs are one response to that problem.