Price Sustainability and Stability – An Achievable Goal? A Case Study of Organic Valley
Ye Su and
Michael L. Cook
No 174399, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association
Abstract:
Originating from a bold idea, Organic Valley currently reigns as the largest organic cooperative in North America. In 1988, from the non-glaciated, hilly part of Southwestern Wisconsin, seven progressive rural entrepreneurs started a courageous and visionary journey. The founders’ original objectives were to create an organization that would provide stable pay-prices to farmers and a sustainable family farm life style. For much of its more than 25 year history, Organic Valley has achieved this mission. However, in the past few years a more hostile economic environment emerged testing the resolve of George Siemon, CEO, and the Organic Valley leadership team. This case shares the evolution of a determined, idealistic group of mostly small rural producers leading a farmer owned firm from nothing but a dream to a complex international cooperative facing an important set of challenges. The current quandary: can the original mission of Organic Valley – to simultaneously deliver a stable producer pay-price and a sustainable life style to member suppliers – be maintained?
Keywords: Agribusiness; Community/Rural/Urban Development; Industrial Organization (search for similar items in EconPapers)
Pages: 39
Date: 2014-07
New Economics Papers: this item is included in nep-agr and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:174399
DOI: 10.22004/ag.econ.174399
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