Wheat Grain Cooperatives Adjust to Challenges of 1980s, Poised for 1990s

David E. Cummins

No 279985, Research Reports from United States Department of Agriculture, Rural Development

Abstract: This report presents information for 1983 through 1991 on the physical and financial structure adjustments made by local first-handlers-of-grain cooperatives in three major wheat areas-Northern Plains, Southern Plains, and Pacific Northwest. They had annual total sales of at least $5 million, more than half in grain. Most associations also handled farm supplies and all provided related services. Local cooperative grain handlers faced abrupt changes in export markets for grains and oilseeds, shifts in Government policy, and occasional drought, accompanied by wide swings in grain prices. Most associations represented in this report adjusted successfully to changing economic conditions through sound financial management of particularly long-term debt and operating capital. The economic position of most locals improved in the latter half of the period due in part to increased patronage from their regional cooperatives.

Keywords: Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 69
Date: 1994-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:urdbrr:279985

DOI: 10.22004/ag.econ.279985

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