CooperativesOur Partners in Agriculture
A cooperative is a business owned and controlled by the people who use it. Cooperatives differ from other businesses because they are member-owned and operate for the benefit of members, rather than earning profits for investors. Each member of the cooperative has one vote at member meetings.
Cooperatives exist primarily to serve their members. They pay tax on income kept within the cooperative for investment purposes and as a reserve, while surplus revenues from the cooperative are returned to the members, who pay tax on that income.