What is a Cooperative Farm?

from “Cooperative Farming, Frameworks for Farming Together” by Faith Gilbert

A Cooperative:

1. (adj) involves mutual assistance in working toward a common goal.

2. (n) is a farm, business, or other organization that is owned and run jointly by its members, who share the profits or benefits.

Cooperative Farming is:

creating shared farming ventures to address common challenges and provide mutual benefit.

A cooperative business is defined by three major standards:

• It is owned by its members, those participating in the business, not by outside shareholders or investors.

• It is governed by its members. Each member of the business has a vote in major business decisions and in electing representatives or officers.

• It exists for member benefit, not profit for outside shareholders. Any profits are distributed equitably among members.