One of the things that we see with the co-ops, especially some of those smaller co-ops that I mentioned, like the cattle breeder and feeder co-ops for cattle purchases, is that there's no obvious structure on a normal lending program. I mentioned that one co-op with 18 members. We've been able to lend them millions of dollars by saying that individually they might present a high risk, because the down payments are low on cattle purchases, but collectively, with them willing to share the risk and us willing to take on some risk, we say we can put together a model that works for the co-op and works for FCC so that together their loans are successful.
On July 26th, 2012. See this statement in context.