MANAGEMENT TIP
How does your local farm supply co-op rate?
Beverly L. Rotan, Ag Economist
USDA, Rural Business-Cooperative Service
How does your cooperative's performance compare with cooperatives with similar functions? Was it higher, lower or about the same as the average of a cross section of local farm cooperatives for such factors as sales, product mix, etc.? Comparisons with other cooperatiaves -- including trend lines and industry -norms--may help to determine how well your cooperative is doing.
The two tables below contain average financial data compiled from a survey of 291 cooperatives for 1998 and 1999. Fill in the blanks and compare these benchmarks with your cooperative's financial data. How's your cooperative doing? [end]