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Abstract

The reduction in Government storage payments had a great effect on cooperative elevator structure and operations during the late 1980s and early 1990s. Other Government programs such as payment-in-kind (PIK), grain sales (Commodity Credit Corporation (CCC) catalog and auction sales), and the Conservation Reserve Pprogram (CRP) also affected cooperative elevators in terms of excess storage capacity and other factors. In 1988 and 1992, managers of 71 cooperatives in 7 States were surveyed about their structure and operations. This report discusses the effect of Government program changes and other factors between 1988 and 1992 on the structure and operations of the surveyed cooperatives.

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