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Farmer cooperatives arebusinesses owned and controlled by farmers, ranchers or growers. Through their cooperatives, farmers are empowered, as elected board members, to make decisions affecting the current and future activities of the cooperative.

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What is a Farmer Cooperative? Farmer cooperatives are businesses owned and controlled by farmers, ranchers or growers. Through their cooperatives, farmers are empowered, as elected board members, to make decisions affecting the current and future activities of the cooperative.

Some local farmers who belong to an agricultural cooperative sell their vegetables or other produce to wholesalers. Some agricultural cooperatives offer gasoline and diesel fuel where farms can fill up their farm machinery and personal vehicles. Agricultural cooperatives allow people to buy produce that is typically fresher than at a supermarket.

The check represented his equity built up between 1944 and 1976 from using his cooperative in support of his 80-acre hog farm. In 1979, farmers had $16.9 billion invested in cooperatives, an average of $6,423 per farm. 3 Improved Service A basic objective of cooperatives is to serve their members鈥?needs.

Farmers usually judge the benefit of belonging to a cooper- ative by its net margins or savings-a tangible measure. More spe- cifically, they look at the amount currently paid to them in cash. Next is the amount allocated to them in noncash forms that may be revolved later.