Oakland Michigan Marketing Agreement with Cooperative Association for Vegetables

State:
Multi-State
County:
Oakland
Control #:
US-1243BG
Format:
Word; 
Rich Text
Instant download

Description

A distinctive feature of agricultural and certain other cooperative associations is the marketing agreement between the association and its members.
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  • Preview Marketing Agreement with Cooperative Association for Vegetables
  • Preview Marketing Agreement with Cooperative Association for Vegetables
  • Preview Marketing Agreement with Cooperative Association for Vegetables
  • Preview Marketing Agreement with Cooperative Association for Vegetables

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FAQ

A marketing cooperative is a business organization owned by farmers to collec- tively sell their products. It allows produc- ers to accomplish collectively functions they couldn't achieve on their own.

Crops, which will come under MSP include tapioca, banana, pineapple, cucumber, tomatoes, cabbage, carrots, potatoes, beans, beetroot and garlic. The government hopes that this will lead to a significant increase in vegetable production in the state.

MSP is announced for the Kharif crops of Paddy, Jowar, Bajara, Ragi,Maize, Arhar, Moong, Urad, Cotton, Groundnut, Sunflower Seed , Soyabean ,Sesamum . The Rabi crops for which MSP is announced are Wheat, Barley, Gram, Masur, Rapeseeds& Mustard, Safflower and Toria.

As mentioned earlier, fruit and vegetables may be marketed directly by producers to consumers or non-directly through terminal market firms, wholesalers, brokers, processors, cooperatives, private packing facilities or buyers for retail outlets.

During each cropping season, the government announces minimum support prices for 23 crops. Simply put, the MSP for a crop is the price at which the government is supposed to procure/buy that crop from farmers if the market price falls below it.

While MSP has been in place for paddy, wheat and sugarcane, etc. this is the first time a state in India has fixed the minimum purchase price for vegetables and fruits.

Cooperatives are considered useful mechanisms to manage risks for members in agriculture. Through cooperatives, farmers could pool their limited resources together to improve agricultural output and this will enhance socio-economic activities in the rural areas (Ebonyi and Jimoh, 2002).

The use of marketing agreements adds elements of marketing coordination between. members and their cooperatives. Marketing agreements used in this study included both marketing contracts signed with members and bylaw provisions that required members to market with their cooperative.

A Cooperation Agreement is a formal business document outlining the basic terms of your agreement with another individual, group or entity. Also called a Memorandum of Understanding or cooperation contract, it's one of the first steps toward a more detailed contract.

What to Include in the Marketing Agency Contract Template Identify the parties. These details include the legal names of the businesses and their formal addresses.Confidential information.Contract duration.Scope of work.Dispute resolution.Termination.Payment information.Advantages of using a marketing agreement template.

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Oakland Michigan Marketing Agreement with Cooperative Association for Vegetables