D-cooperative Dictionary
Cooperative
A business owned by its farmer members to buy, store, process or sell together
- Plain meaning
- A business owned by its farmer members to buy, store, process or sell together
- How to use it
- Join or form a cooperative when buying inputs, storing, transporting or selling together would cut costs or reach buyers a single farmer cannot.
- South African benchmark
- Cooperatives shaped South African commercial farming for decades (Article 146).
- Country notes
- Cooperatives exist in all four local markets; strength varies widely, so check the cooperative's record before joining.
- Calculate it
- No calculator; the term is applied in the venture plan narrative.
- See also
- Aggregator, Producer association, Side-selling
Introduced in C4 Getting to the Buyer.