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An agricultural cooperative, also known as a farmers' co-op, is a producer cooperative in which farmers pool their resources in certain areas of activities.. A broad typology of agricultural cooperatives distinguishes between agricultural service cooperatives, which provide various services to their individually-farming members, and agricultural production cooperatives in which production ...
In the Netherlands, cooperative agriculture holds a market share of approximately 70%, second only to Finland. [51] In France, cooperative agriculture represents 40% of the national food industry's production and nearly 90 Billion € in gross revenue, covering one out of three food brands in the country. [52] [53]
Agricultural service cooperatives provide various services to their individual farming members, and to agricultural production cooperatives, where production resources such as land or machinery are pooled and members farm jointly. [56] Agricultural supply cooperatives aggregate purchases, storage, and distribution of farm inputs for their members.
The default meaning of "agricultural cooperative" in English is usually an agricultural service cooperative, the numerically dominant form in the world. There are two primary types of agricultural service cooperatives: supply cooperatives and marketing cooperatives.
Agricultural Cooperative Development International. ACDI (Agricultural Cooperative Development International) was formed in 1966 [10] by major U.S. farm cooperatives.Its principal objective was to provide expertise and support to cooperative enterprises in developing countries.
Consumer cooperatives utilize the cooperative principle of democratic member control, or one member/one vote. Most consumer cooperatives have a board of directors elected by and from the membership. The board is usually responsible for hiring management and ensuring that the cooperative meets its goals, both financial and otherwise.
There are generally five major types of cooperative organizations: Consumers' cooperatives, in which the consumers of a co-operative's goods and services are defined as its members (including retail food co-operatives and grocery stores, credit unions, mutual insurance companies, etc.) (Example: REI, federal credit unions, etc.)
Cooperatives are based on direct cooperation between farmers and consumers. Consumers or cooperative members actively participate in the management of agricultural production together with the producers. Producers assume the day-to-day management and work on the farm and are often formally employed by the cooperative, as well as being part of it.