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What are the benefits of agricultural cooperative society?

What are the benefits of agricultural cooperative society?

Cooperatives can help farmers benefit from economies of scale by lowering their costs of acquiring inputs or hiring services such as storage and transport. Agricultural cooperatives also enable farmers to improve product and service quality and reduce risks.

What is the purpose of agricultural cooperatives?

Agricultural cooperatives play a key role in linking farmers to markets, providing a collective platform for negotiating with buyers, offering aggregating, marketing and processing services, providing distribution channels for primary products, and delivering training, business planning and capacity building services …

How do agricultural cooperatives benefit from economies of scale?

Large cooperatives are found to have an advantage over small cooperatives in terms of economies of scale. The results indicate that when a strategy couples growth with specialization it tends to improve the competitive position of these cooperatives.

What are the agricultural cooperatives in the Philippines?

The Pamilyang Filipino Farmers Agricultural Cooperative (PFFAC) was organized by thirty three (33) founding cooperators. It is composed of family farmers, their families and farm personnel. These small scale family farmers are located mostly in CALABARZON areas with members both from south and north of the Philippines.

How are cooperatives helping farmers in the Philippines?

Asian Farmers’ Association (AFA) Cooperative Development Program Director Cresente C. Paez noted that some savings and credit cooperatives are starting to expand their services to farmers. Mr. Paez said in the Philippines savings and credit cooperatives are the “strongest,” while agricultural cooperatives continue to lag.

Why are cooperatives important in the agricultural sector?

EXPECTED growth in the agricultural sector has highlighted the need for cooperatives to step into the gap when the government and banks fail to supply credit. Asian Farmers’ Association (AFA) Cooperative Development Program Director Cresente C. Paez noted that some savings and credit cooperatives are starting to expand their services to farmers.

Which is the strongest cooperative in the Philippines?

Mr. Paez said in the Philippines savings and credit cooperatives are the “strongest,” while agricultural cooperatives continue to lag. “What (savings and credit cooperatives) did is to shift to the agriculture sector and at the same time, put up business enterprises. They went here because most of their members are from the rural areas,” he added.

What is the Cooperative Development Authority in the Philippines?

The Cooperative Development Authority (CDA) is a proactive and responsive lead government agency for the promotion of sustained growth and full development of the Philippines cooperatives for them to become broad – based instruments of social justice, equity and balanced national progress.