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Corn Belt Grain Cooperatives Adjust to Challenges of 198Os, Poised for 1990s

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  • Cummins, David E.

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 the Corn Belt. 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 were faced with 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. Most even improved their economic position, with substantial assistance in the latter half of the period from their regional cooperatives.

Suggested Citation

  • Cummins, David E., 1993. "Corn Belt Grain Cooperatives Adjust to Challenges of 198Os, Poised for 1990s," Research Reports 279975, United States Department of Agriculture, Rural Development.
    • Handle: RePEc:ags:urdbrr:279975
    DOI: 10.22004/ag.econ.279975
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    File URL: https://ageconsearch.umn.edu/record/279975/files/rr117.pdf
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    File URL: https://libkey.io/10.22004/ag.econ.279975?utm_source=ideas
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    References listed on IDEAS

    as
    1. Cummins, David E. & Yager, Francis P., 1987. "Comparative Financial Profile of Cooperatives Handling Grain: First Handlers with $1 Million or More in Sales," Research Reports 313008, United States Department of Agriculture, Rural Development.
    2. Yager, Francis P. & Cummins, David E., 1986. "Financial Profile of Cooperatives Handling Grain: First-Handlers, $15 Million Sales or Larger," Research Reports 312991, United States Department of Agriculture, Rural Development.
    3. Cummins, David E. & Yager, Francis P., 1986. "Financial Profile of Cooperatives Handling Grain: First-Handlers, $5 Million to $14.9 Million in Sales," Research Reports 312995, United States Department of Agriculture, Rural Development.
    4. Yager, Francis P. & Cummins, David E., 1987. "Financial Profile of Cooperatives Handling Grain: First-Handlers, $1 Million to $4.9 Million in Sales," Research Reports 313004, United States Department of Agriculture, Rural Development.
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    Cited by:

    1. Vandeburg, Jennifer M. & Fulton, Joan R. & Hine, Susan E. & McNamara, Kevin T., 2000. "Driving Forces and Success Factors for Mergers, Acquisitions, Joint Ventures, and Strategic Alliances among Local Cooperatives," 2000 Annual Meeting, December 12-13 31814, NCERA-194 Research on Cooperatives.

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    1. Cummins, David E. & Yager, Francis P., 1988. "Changes in Flnanclal Proflle of Cooperatives Handllng Grain First-Handlers with $5 Million or More in Sales, 1985 and 1983," Research Reports 279805, United States Department of Agriculture, Rural Development.

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