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Abstract
The U.S. grain marketing system has undergone many structural changes in the
1980s. In no part of the system has structural change been more far-reaching and
extensive than in farmer-owned cooperatives. The purpose of this paper is to analyze
changes in grain marketing and induced structural adjustments in grain marketing
cooperatives at the local, regional, and interregional levels. The impact of these structural
changes on the competitive posture of cooperatives in the grain marketing system is also
discussed along with structural adjustments anticipated in the 1990s.