1 / 14

Agricultural & Food Cooperatives in Rural Development:

Agricultural & Food Cooperatives in Rural Development: Implications of Business Dynamics for Public Policy Company Overview June 16-17, 2004. Mission Statement. “The mission of United Producers is to provide necessary livestock services on a cooperative basis to its members in

bairn
Download Presentation

Agricultural & Food Cooperatives in Rural Development:

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Agricultural & Food Cooperatives in Rural Development: Implications of Business Dynamics for Public Policy Company Overview June 16-17, 2004

  2. Mission Statement “The mission of United Producers is to provide necessary livestock services on a cooperative basis to its members in a business-like manner that will improve their income and be competitive in the industry.”

  3. Our Heritage • Producers Livestock Association • Formed in 1934 - Ohio • Farm Bureau affiliate • Livestock marketing & financing

  4. Corporate Overview • Formed October 1, 1999 • Merger of PLA & MFA Livestock • 521 Co-op • Parent Coop – 25-member board e16 • Delegate System • 70,000+ Patrons • Non-stock Coop

  5. Corporate Overview • Acquired IPLA (IL) – 12/2000 • Transaction with Southern States for MLE in March-May of 2001 • Agreement with DFA to manage Dairy Financing Services (Texas) • 50 livestock facilities • Do business in 15 states • 205 full time employees

  6. United Producers, Inc. • Livestock Marketing • Member Relations & Government Affairs • Board Relations • Corporate “ash & trash”

  7. Livestock Marketing • 25 Weekly Auctions • 24 additional collection points • All species – except poultry! • $1.2 B annual sales volume • 3.9 M Head of livestock marketed

  8. Livestock Marketing • Procurement – feeder and breeding livestock • Grazing and back-grounding program • Production coordination • Packer contracts, supply agreements, investments • Parks Livestock - LLC

  9. Producers Technologies, Inc. • Corporation – for profit • Non-traditional, non-member services, fee based • 5 member board elected from UPI Board • Formed 1998 • Risk management & brokerage services with FC Stone • Information management & record keeping • Production management/coordination • Managed Beef Alliance program – value added grant • Access to vertical integration – farmers choice

  10. Producers Credit Corporation • Currently owned by UPI; stock corporation; SSC minority interest • 5 member board – elected from parent • 501C16 (IRS) – tax exempt • $65m – notes/feeding agreements • $40m – “California Connection” • Ownership in other credit corps in OK & TX • DFS Management Agreements - $40M • Loan Participations

  11. Producers Credit Corporation“Relationship Lender” • Short, intermediate & long term loans • Variable & fixed rates • Livestock & operating expenses • Crops • Buildings & equipment; real estate • Farm Credit Leasing – origination • ACH’s and drafts • Differential Pricing • NLPA Sheep & Goat Fund

  12. Our Issues • Net Farm Income • Mechanisms to extract more of consumers’ dollar • Banking environment • Access to capital • Livestock production shifts; vertical integration • Pending legislation & regulation • Packer & retailer consolidation /concentration • Cooperative structural alternatives • Access to Federal Programs e.g. FSA loan guarantees

  13. www.uproducers.com Thank you!

More Related