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Food & Agriculture, Strategy & Analysis Article, agriculture
Article at a glance:

A value culture for agriculture

Agricultural co-ops play an important role in the $1.5 trillion US agriculture industry. But most were founded decades ago to meet the needs of traditional family farms—and haven't kept up with globalization, industrialization, and specialization. As a result, today's co-op system is destroying rather than creating value.

The take-away
Some global co-ops, and a few US pioneers, point the way forward: co-ops must mirror the changes among their customers by embracing consolidation and focus, and they must behave like businesses, not service providers.

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