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Capper–Volstead Act (P.L. 67-146), the Co-operative Marketing Associations Act (7 U.S.C. 291, 292) was adopted by the United States Congress on February 18, 1922. It gave “associations” of persons producing agricultural products certain exemptions from antitrust laws. It is sometimes called the Magna Carta of cooperatives. [1]
The National Farmers Organization (NFO) is a producer movement founded in the United States in 1955, by farmers, especially younger farmers with mortgages, frustrated by too often receiving crop and produce prices that produced a living that paid less than the minimum wage, and could not even cover the cost of seed, fertilizer, land, etc.
The Illinois Department of Agriculture is the code department [1] [2] of the Illinois state government that regulates various facets of the agriculture industries of Illinois, oversees Illinois soil and water conservation, supervises the weights and measures of various commodity products, including gasoline, and supervises the Illinois State Fair. [3]
Contract farming involves agricultural production being carried out on the basis of an agreement between the buyer and farm producers. Sometimes it involves the buyer specifying the quality required and the price, with the farmer agreeing to deliver at a future date.
In the 1960s, the company moved from Chicago to Bloomington, Illinois, merged with Farm Bureau Service Company of Iowa to form FS Services, Inc., then merged Wisconsin Farmco Service Cooperative and Producers Seed Company into itself as well. FS Services and Illinois Grain Corporation merged in 1980 to form Growmark. [3]
The Sheep Promotion, Research, and Information Act of 1994 authorized the creation of the American Lamb Board as a commodity checkoff program. [2]Because individual producers of nearly homogeneous agricultural commodities cannot easily convince consumers to choose one egg or orange or a single cut of beef over another, they often have joined together in commodity promotion programs to use ...
Agricultural marketing cooperatives are agricultural cooperative organizations, owned by farmers, that help market a common commodity The main article for this category is Agricultural marketing cooperative .
United Ethanol is a subsidiary of United Cooperative. United Ethanol was incorporated in 2007, and produces 3.9 million gallons of ethanol per month. [ 11 ] In 2008, United Ethanol constructed a carbon dioxide processing facility, which is the byproduct of ethanol production.