FFA Coop. Marketing

Cooperatives in California succeed in general because of:

Which of the agricultural cooperatives listed below is the oldest?

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

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

The origin of the modern cooperative is generally associated with

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

Give members greater control over their crops

In terms of membership type, cooperatives are designated as:

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

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

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

Decides cooperatives operating policy

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

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

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

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

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

As cooperatives grow larger, the members:

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

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

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

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

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

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

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

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

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

The First American Cooperative is believed to be:

Cooperatives are designated according to membership as:

The fundamental reason for forming an agricultural cooperative is:

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

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

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

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

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

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

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

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

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

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

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

Formed in 1971, Pacific Coast Producers is:

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

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

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

What factors are involved in a capital revolving fund?

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

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

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

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

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

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

The American Private Enterprise System is based on freedom.

Blue Diamond is a cooperative famous for selling walnuts.

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

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

The development of the Farm Credit System started with:

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

Cooperatives enable producers to increase their net income by:

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

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

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

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

Relatively few of these types of Cooperatives in California

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

Created by the United States Congress in 1978

Provides expert advice for long-range planning

Make use of volume discount and acquisition opportunities

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

Members are required to sign marketing contracts with the cooperative.

The California Planting Cotton Seed Distribution was founded in:

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

There is a large number of supply cooperatives in California.

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

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

Sunsweet Growers Inc.

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

Patronage is defined as:

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

The Agricultural Council of California is:

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

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

All businesses require "capital" in order to operate.

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

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

Farm Credit System

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

Determines cooperatives business strategies and broad policies

Early American agricultural cooperatives started with unincorporated organizations around 1775.

Agriculture is a multi-million dollar industry in California.

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

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

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

The Associated Press was founded in 1948.

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

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

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

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

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

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

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

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

Organized in 1919 as a private trade organization

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

The USDA stands for:

Which is not a factor involved in capital revolving fund?

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

Ability to influence the outcome of price-making process

The largest bargaining cooperative is the Farm Credit System.

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

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

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

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

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

Approves or rejects amendments to bylaws

Well informed leaders who use research and statistics

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

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

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

Most anthropologist believe civilization is an outgrowth of agriculture.

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

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

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

Prepares annual budget

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

Located at 1225 H. Street, Sacramento, California

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

California cooperatives had over 50,000 members in 1999.

The members of federated cooperatives are other cooperatives.

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