Cooperative Innovation: The Case of Team Marketing Alliance, LLC
Aleksan Shanoyan and
Brian Briggeman
International Food and Agribusiness Management Review, 2014, vol. 17, issue 01, 11
Abstract:
With rising volatility in agriculture, farmers increasingly need to manage volatility and elevated risk. This case illustrates the experience of four Kansas cooperatives that combined their efforts to develop risk management services for their members through a jointly owned LLC, Team Marketing Alliance (TMA). TMA’s unique approach to risk management helps producers mitigate output price risk, lock in input purchases and ensure revenue coverage through crop insurance. This case can be successfully used in undergraduate and graduate courses, and in extension seminars focused on agribusiness strategy, risk management, and farmer cooperatives.
Keywords: Agricultural Finance; Crop Production/Industries; Farm Management; Financial Economics; Land Economics/Use; Production Economics; Productivity Analysis; Public Economics; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:163360
DOI: 10.22004/ag.econ.163360
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