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Financing a Centralized Peach-Packing Facility in Southeastern Missouri

Author

Listed:
  • Brown, Phillip F.
  • Williams, Raymond

Abstract

Excerpts from the Preface: To fill this request, Farmer Cooperative Service (FCS) studied current needs and future growth to: A. Determine the volume of peaches producers are willing to commit to a marketing cooperative in 1975 and 1980. B. Determine the facility requirements and projected operating costs to handle the expected volume in 1975 and 1980. C. Determine capital requirements and develop a financial structure, including producers' need to supply equity capital. D. Develop the longrun financing plan based on the financial inputs of members, credit sources, debt service requirements, operating costs, and projected volume. FCS staff met with peach growers individually and as a group, and viewed their facilities to assess interest and need for a marketing cooperative. Seventeen of 22 possible peach growers, representing an estimated 90 per cent of the peach acreage in the area, provided information on their production potential. Growers, with help from equipment suppliers and engineers from the Richard B. Russell Agricultural Research Center, Agricultural Research Service, designed the proposed facility and obtained the cost estimates used in this report.

Suggested Citation

  • Brown, Phillip F. & Williams, Raymond, 1975. "Financing a Centralized Peach-Packing Facility in Southeastern Missouri," Service Reports (SR) 358809, United States Department of Agriculture, Rural Development.
    • Handle: RePEc:ags:urdvsr:358809
    DOI: 10.22004/ag.econ.358809
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