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It satisfies their common economic needs and ambitions while respecting the seven |
|principles of cooperatives. |
|New generation cooperatives are an option for use in agriculture, forestry, fishing and other industries that are supplied by |
|producers. Formed to enable members to process raw commodities, members should not only receive market prices for their produce |
|upon delivery; they should also gain the opportunity to profit from the processing and marketing of the value-added products |
|produced by their new generation cooperative. |
|The distinction from the traditional cooperative arises from the evolution of people banding together to obtain goods and |
|services at cost or to provide marketing services for their raw commodity production, to producers banding together to |
|strengthen their economic position by vertically integrating everything from purchasing their production inputs to marketing |
|processed goods into retail markets...
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