Integrated Petroleum Operations of Farmer Cooperatives, 1969

J. Warren Mather and John M. Bailey

No 314189, Farmer Cooperative Research Report (FCRR) from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report: Modern farming operations require large quantities of petroleum products—liquid fuels and lubricants to power motor-driven equipment and fuel oil and liquefied petroleum (LP) gas to heat homes and to dry crops. Many farmers look to their cooperatives for supplies of high-quality oil products at minimum costs. This study determines the status of farmer cooperatives in procuring petroleum products for their members and indicates trends in the integration of these services. Operations in 1969 are compared with those in 1950 and 1957 when similar studies were made. Data are provided on physical quantities of products handled to determine the extent of integration and to calculate the cooperatives’ share of the petroleum market. Information is also supplied on types and capacities of petroleum facilities owned or leased by cooperatives. The principal integrated functions of petroleum services (and related transportation operations) are discussed in this report in the same order in which cooperatives vertically integrated these services—retailing, wholesaling, refining, and producing—back to the basic raw materials.

Keywords: Agribusiness; Financial Economics; Marketing; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 30
Date: 1971-11
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersfc:314189

DOI: 10.22004/ag.econ.314189

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