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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.
The Victorian Producers’ Co‐operative Company Limited (VPC) was an agricultural cooperative which operated as a financer and sales agency in Victoria, Australia, for the co-operate benefit of farmer members. It was established in 1910 and continued in operation until taken over by the firm Elders in 1999.
An agricultural cooperative, also known as a farmers' co-op, is a producer cooperative in which farmers pool their resources in certain areas of activities.. A broad typology of agricultural cooperatives distinguishes between agricultural service cooperatives, which provide various services to their individually-farming members, and agricultural production cooperatives in which production ...
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
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 .
Unlike a direct sale of raw milk for consideration, a shareholder pays a one-time fee in exchange for her undivided interest in the herd. This is the purchase agreement or the bill of sale. In addition to the bill of sale, the shareholder pays a monthly boarding fee (or "agistment fee") that covers the farmer's cost for labor and maintenance of ...
Parsons (Livestock) Ltd v Uttley Ingham & Co Ltd [1978] QB 791 is an English contract law case, concerning remoteness of damage. In it, the majority held that losses for breach of contract are recoverable if the type or kind of loss is a likely result of the breach of contract.
Producer Cooperative (or “Contributor” Cooperative), which are co-owned by major producers/contributors instead of every worker. (Example: Stewart Healthcare, Land O’ Lakes, OceanSpray, Zen-Ho) Retailer-Owned Cooperative, where store-owners are shareholders of the larger company and therefore receive patronage dividends.