COOPERATIVE AGRICULTURE IN FLORIDA 13 CHAPTER I Questions and Answers By D. E. Timmons (Former Marketing Economist at University of Florida) 1 Q. WHAT IS A FARMERS' COOPERATIVE? A. It is an organization of agricultural producers chartered to transact collectively, business pertaining to agricultural products, supplies or services. The Agri- cultural Cooperative Act of Florida gives such associa- tions legal status and defines their purposes and powers. 2. Q. WHAT ARE SOME OF THE ADVAN- TAGES FARMERS HAVE FOUND FROM COOPERATIVE ACTION? A. Farmers use cooperatives to process, store and market their produce and to purchase supplies and services. Cooperative processmg plants prepare their crops, livestock, and livestock products for market. Mar- keting associations are used to obtain for their members the highest possible price for their products, quality considered. The cooperative purchasing association, on the other hand, assists its members m obtaining their farm supplies at the lowest possible prices. Coopera- tives have the opportunity of encouraging production of quality agricultural products by returning premium prices to farmers who deliver high quality products. Through cooperatives, farmers often are able to provide themselves with better service than they were receiving from other agencies. Successful cooperatives save money for their members, giving service at cost. By reducing the cost of getting goods from the producer to the con- sumer, cooperatives encourage consumption and expand markets Working together for mutual helpfulness makes a better citizenship. 3. Q. WHO MAY ORGANIZE A COOPERATIVE