Purpose – Many associations in the Farm Credit System, which are financial cooperatives, pay their member-borrowers a cash patronage payment based on the amount of loan volume with the association. In today's competitive lending environment, some Farm Credit associations have offered lower...

Since 1990, the farmer cooperative landscape has experienced a significant structural shift. Steep consolidation, elevated competition, and surging commodity prices have elevated the need for co-ops to be mindful of their cost structure and efficiencies. To test for this structural shift, this...

Purpose: The purpose of this paper is to examine the optimizing behavior of agricultural supply and marketing cooperatives in the US Midwestern states. Design/methodology/approach: This paper uses firm-level data from CoBank, the primary lender to agricultural cooperatives, to evaluate...

This study develops an alternative way of identifying the heterogeneity of WTP estimates for product attributes. The alternative approach combines mixed logit models with a latent segmentation method (MLS). First, the combined MLS approach estimates a mixed logit model and retrieve individual...