FFA Coop. Marketing

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

Which of the agricultural cooperatives listed below is the oldest?

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

Created by the United States Congress in 1978

The members of federated cooperatives are other cooperatives.

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

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

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

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

The USDA stands for:

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

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

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

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

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

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

Well informed leaders who use research and statistics

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

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

Early American agricultural cooperatives started with unincorporated organizations around 1775.

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

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

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

The First American Cooperative is believed to be:

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

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

In terms of membership type, cooperatives are designated as:

Cooperatives in California succeed in general because of:

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

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

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

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

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

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

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

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

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

The fundamental reason for forming an agricultural cooperative is:

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

The California Planting Cotton Seed Distribution was founded in:

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

Prepares annual budget

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

California cooperatives had over 50,000 members in 1999.

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

Relatively few of these types of Cooperatives in California

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

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

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

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

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

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

As cooperatives grow larger, the members:

All businesses require "capital" in order to operate.

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

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

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

Approves or rejects amendments to bylaws

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

Cooperatives enable producers to increase their net income by:

Provides expert advice for long-range planning

Located at 1225 H. Street, Sacramento, California

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

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

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

Sunsweet Growers Inc.

The development of the Farm Credit System started with:

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

Decides cooperatives operating policy

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

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

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

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

Agriculture is a multi-million dollar industry in California.

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

Determines cooperatives business strategies and broad policies

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

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

What factors are involved in a capital revolving fund?

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

Formed in 1971, Pacific Coast Producers is:

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

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

Farm Credit System

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

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

Ability to influence the outcome of price-making process

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

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

Make use of volume discount and acquisition opportunities

The Associated Press was founded in 1948.

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

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

Which is not a factor involved in capital revolving fund?

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

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

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

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

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

Most anthropologist believe civilization is an outgrowth of agriculture.

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

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

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

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

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

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

There is a large number of supply cooperatives in California.

Patronage is defined as:

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

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

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

Blue Diamond is a cooperative famous for selling walnuts.

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

The origin of the modern cooperative is generally associated with

Members are required to sign marketing contracts with the cooperative.

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

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

The Agricultural Council of California is:

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

The largest bargaining cooperative is the Farm Credit System.

Give members greater control over their crops

Cooperatives are designated according to membership as:

The American Private Enterprise System is based on freedom.

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

Organized in 1919 as a private trade organization

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

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

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

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

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