FFA Coop. Marketing

Value Added is the increase in the value of a good at each stage of production.

Which markets nearly half of the citrus grown in California and Arizona?

Cooperatives may be termed local, regional, or American, depending on the area they serve.

The fundamental reasons for forming an agricultural coop. Is the same as 150 years ago

Marketing refers to the activities necessary to get a product from the farm to the consumer.

The Council of California was organized in 1919 and represents major California Cooperatives.

The US hasn't added much to the world food supply due to complex and constantly changing system

Free competition results in a natural balance between supply and demand.

California cooperatives had over 50,000 members in 1999.

Known as the Minneapolis Coop. Creamers Association, Land O'Lakes developed a national presence

The American private enterprise system has created the greatest material wealth in the world.

Retained patronage earnings and per-unit retains are usually returned in full to the producer.

Direct investment by members represents only a minor source of equity.

It is very unusual for a cooperative to have a waiting list of producers seeking membership.

Retains are always in proportion to a members patronage of the cooperative.

Sunsweet Growers is the world's largest marketer of dried plums and prune juice.

The earliest forms of cooperatives can be traced back to ancient Egypt around:

Decides cooperatives operating policy

Approximately 40.3% of all cooperative members are in _____ cooperatives.

As cooperatives grow larger, the members:

The members of federated cooperatives are other cooperatives.

Marketing pools include accounting and commodity handling practices to combine crops delivered

Defined cooperative associations which are eligible to borrow from a Bank for Cooperatives.

Members are required to sign marketing contracts with the cooperative.

These associations provide unique services related to the business operations of farming

Limited competition by producers results in a natural balance between supply and demand.

All cooperatives adhere to the "one member, one vote" rule.

Ability to influence the outcome of price-making process

Cooperatives enable producers to increase their net income by:

The APES is based on government willingness to provide leadership to individuals and businesses

Which is a primary way for producers to provide equity to their cooperative?

Located at 1225 H. Street, Sacramento, California

Common non-agricultural cooperatives include housing, childcare, and worker cooperatives.

Approves or rejects amendments to bylaws

Marketing pools eliminate the need for separate accounting and handling of each members lot.

Founded in 1916 and is a trade association which represents cooperatives in all industries

Relatively few of these types of Cooperatives in California

Before forming a producers cooperative, the first question to ask is:

Organized in 1919 as a private trade organization

Agricultural coops are classified by geographic area, membership type & business function

Make use of volume discount and acquisition opportunities

Farm Credit System

Coops adopted rigid membership requirements based on commodity,variety, and geographic location

The fundamental reason for forming an agricultural cooperative is:

The First American Cooperative is believed to be:

Prepares annual budget

Cooperatives are designated according to membership as:

According to the USDA, there were________ agricultural cooperatives in the nation in 2000:

The Board of Directors determines a cooperative's business strategies and operating policies.

Buyers create "supply" and producers are the creates of "demand".

Which is a government agency that a producer cooperative would likely come in contact with?

California was fifth in cooperative net business volume with $7.8 billion in 1999.

The origin of the modern cooperative is generally associated with

4 Farm Credit Banks provide lending capital to 3 PCAs, 15 FLCAs and 80 ACAs.

In the list below, which is not a function of the Agriculture Council of California?

Approximately 55.7% of cooperative members were in purchasing (supply) cooperatives in the US.

As in other states, many producers in California belong to two or more cooperatives.

Cooperatives in California succeed in general because of:

In terms of membership type, cooperatives are designated as:

The Philadelphia Contributionship for Insurance of Houses from Loss of Fire was formed in 1652.

The USDA stands for:

Created by the United States Congress in 1978

"Bargaining power" refers to the ability to influence the outcome of the price making process

When starting a cooperative, the Articles of Incorporation must be filed with the DFA

Topco's is a wholesale cooperative who's members are small to medium sized grocery store chains

Which of the agricultural cooperatives listed below is the oldest?

The Agricultural Council of California is:

The development of the Farm Credit System started with:

Formed in 1971, Pacific Coast Producers is:

Cooperatives usually engage in 1 of 4 basic functions:marketing, bargaining, supply, or service

Several of today's important cooperatives can be traced back to the early

The Farm Credit Council is a New York City based private trade association.

Equity is the net worth of a business in accounting terms, rather than the market value.

Corporations do not pay all of a given year's profits out in dividends.

The California Walnut Growers Association was founded as a federal cooperative in LA in 1912.

Determines cooperatives business strategies and broad policies

"Volume voting" has no limits placed on the number of additional votes one member is allotted.

Agriculture is a multi-million dollar industry in California.

Which is not a factor involved in capital revolving fund?

Blue Diamond Growers and Sun-Maid Growers are examples of federated cooperatives.

By joining a cooperative, producers expect to gain clout in the marketplace.

To more nearly tailor production to plant capacity and consumer performance cooperatives are:

There is a large number of supply cooperatives in California.

Blue Diamond is a cooperative famous for selling walnuts.

The 4 basic functions of cooperatives include supply, bargaining, marketing, and recruitment.

Give members greater control over their crops

California Canning Peach Association is California's oldest cooperative bargaining organization

The Robinson-Patman Act is a state law against price discrimination.

Amount of equity capital is important to lending institutions when applying for business loans.

In a 50-year period, 1000s of coops were formed through sponsorship of different organizations.

Businesses are classified by their ownership. There are 4 basic types of ownership.

Depreciation is an accounting method that records the increase in value of a long-lived asset.

Usually does not take possession of products, or process, or distribute them

Early American agricultural cooperatives started with unincorporated organizations around 1775.

Patronage is defined as:

Provides expert advice for long-range planning

Some low-profit grocery stores charge food processing companies a "slotting fee".

It is uncommon for cooperatives to buy raw commodities from outside the membership.

Most anthropologist believe civilization is an outgrowth of agriculture.

Sponsors highly specialized, up-to-date education for directors of member cooperatives

Sunsweet Growers Inc.

Refers to marketing functions of farmer coops, not including purchasing or service functions:

The Associated Press was founded in 1948.

Refers to the activates necessary to get a product from the farm to the consumer

Besides taking possession of their members harvest, bargaining coops own trucks and warehouses.

Growth in the industry made California the nation's top dairy state by the 1900's.

What factors are involved in a capital revolving fund?

The largest bargaining cooperative is the Farm Credit System.

Well informed leaders who use research and statistics

A partner cooperative can operate, without reorganization, if a a partner dies or wants out.

The California Planting Cotton Seed Distribution was founded in:

California Ag. directly or indirectly accounts for 16% of the state's total gross product.

Which is considered an economic ill the American private free enterprise system can suffer from

Formed in 1848, Associated Press is 1 of the best known non-agricultural service cooperatives.

The averaging of net returns to producers for a particular grade or variety of product

Articles of Incorporation is a legal document describing the kind of business it may conduct.

In general, pool payment schedules are divided into four categories based on timing.

The "Exploring Farmer Cooperatives" booklet is published by the Agricultural Credit Bank.

A small number of cooperatives pay interest to their members on revolving fund credits.

There were over 4,000 agricultural cooperatives serving as producers in the US in the 2000.

Depending on the type of commodity, pools may operate on a:

The United States Department of Agriculture now operated the Farm Credit System.

Cooperative income derived from non-member or not-patronage business is an important source of:

Progress payments intend to provide a flow of money to growers as their crop sales progress

Congress created 12 Federal Intermediate Credit Banks to provide short-/intermediate-term funds

All businesses require "capital" in order to operate.

In a centralized cooperative, the members are individual farming operations.

The FCS consists of the Farm Credit Bank, Agricultural Credit Bank and 203 local associations.

Agricultural cooperatives headquartered in California totaled 278 in the year 2000.

The American Private Enterprise System is based on freedom.