Cooperatives Farm Machinery Operations Classic Reprint

Excerpt from Cooperatives' Farm Machinery Operations These cooperatives had franchise agreements with all six major full-line manufacturers and with most of the main short-line manufacturers of farm machinery and farmstead equipment. The majority of cooperative dealers handled one full line and two or more short lines of equipment, but some of the larger ones handled two full lines and three or if our short lines. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Cooperative Farm Machinery Operations, 1970-80 The number of farmer cooperatives franchising a full line of farm machinery declined from 101 in 1970 to 56 in 1980. Cooperative machinery sales increased from $36 million in 1970 to $106 million in 1980, at an average annual increase of 20 percent. Five of the 56 cooperative dealers specialized only in farm machinery sales and service in 1980. About half the total were marketing cooperatives, with the remainder about equally divided between supply and combination supply and marketing cooperatives. In 1970, supply Cooperatives represented more than half the 101 cooperative dealers. Sales of new and used machinery and repair parts increased as a percent of total farm machinery sales from 1970 to 1980, while sales of other equipment decreased as percent of the total. New machinery accounted for about 53 percent, used machinery and repair parts about 19 percent each, other equipment 4 percent, and service receipts 5 percent of total machinery sales. In 1970, new machinery accounted for about 46 percent, used machinery sales 13 percent, repair parts 15 percent, other equipment 20 percent, and service receipts 6 percent of total machinery sales. Farm machinery sales of cooperative dealers averaged 17 percent of their total cooperative sales of $626 milion in 1980. Cooperatives with machinery sales of more than $3 million averaged about $20 million in total sales, while cooperatives with machinery sales of less than $1 million averaged total cooperative sales of about $7 million. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Machinery Leasing and Custom Services by Cooperatives and Other Dealers Farmers spent nearly $2 billion to lease and obtain custom - machinery services in 1977. That was about 10 percent of the total amount they spent to purchase and Operate farm machinery. On the other hand, farmers received income of nearly $1 billion from other farmers for such work as combining grain and soybeans, baling hay, and filling silos. Two groups of farmers have more serious cash flow problems than others - those who entered farming since 1973, and those who borrowed capital to expand operations. Equity earnings for these farmers today is near the 5 - percent level-far below the normal 20 percent. With capital costing 9 percent or more, losses in farm operations are increasing to the point where many are trading down machinery and renting more farm machinery to reduce operating costs. These farmers may be helped by a cooperative leasing program. Farmers must balance costs against returns to determine whether to own, custom hire, or lease farm machinery. These problems need study and analysis to provide information and direction to farmers and to encourage cooperatives to provide useful new services. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Legal Phases of Farmer Cooperatives Introduction Cooperative defined Cost basis principle Organization of cooperatives Membership Cooperative pooling and operations Statutes affecting cooperatives Benefits derived from cooperatives Typical operations History of cooperatives Organizing a farmer cooperative Incorporated cooperatives Nature and characteristics Antiquity of corporations Power to create corporations Blue sky laws. Name of association Charter De facto corporations Bylaws Liability of association for promotion expenses Limitation on indebtedness Lien on stock Subscriber, stock, capital stock How stock is paid for Stock and nonstock associations Restrictions as to transfer of stock Membership - how acquired Who may become members Rights of members Termination of membership Interest in association Dissolution Expiration of charter Merger or consolidation Reorganization of associations Board of directors Compensation of directors Meetings of the board. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.