Co-opprative farming has been more suceesful in farming
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An agricultural cooperative, also known as a farmers' co-op, is a cooperativewhere farmers pool their resources in certain areas of activity. A broad typology of agricultural cooperatives distinguishes between 'agricultural service cooperatives', which provide various services to their individually farming members, and 'agricultural production cooperatives', where production resources (land, machinery) are pooled and members farm jointly.[1] Examples of agricultural production cooperatives include collective farms in former socialist countries, the kibbutzim in Israel, collectively governed community shared agriculture, Longo Mai co-operatives[2] and Nicaraguan production co-operatives.[3]
The default meaning of 'agricultural cooperative' in English is usually an agricultural 'service' cooperative, which is the numerically dominant form in the world. There are two primary types of agricultural service cooperatives, 'supply cooperative' and 'marketing cooperative'. Supply cooperatives supply their members with inputs for agricultural production, including seeds, fertilizers, fuel, and machinery services. Marketing cooperatives are established by farmers to undertake transportation, packaging, distribution, and marketing of farm products (both crop and livestock). Farmers also widely rely on credit cooperatives as a source of financing for both working capital and investments.