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Corporate Social Responsibility
News
3.18.2008 - 09:00am ET
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Organic Valley Forms Grower Pool
Seeks to Ensure Feed Supply and Price Stability for its Co-op Members, Offer Partnership Opportunity to Crop Growers
(CSRwire) Organic Feed-Grade Growers Invited to Join; Guaranteed Floor Price,
Three-Year Contracts
LA FARGE, WI - March 18, 2008 - In an unprecedented effort to provide
market stability to both crop growers and livestock producers, Organic
Valley Family of Farms is opening its membership to organic crop growers
with the introduction of its Grower Pool.
With more than 1,200 member farms, Organic Valley is America's largest
cooperative of organic farmers and is one of the nation’s leading
organic brands.
Growers joining the pool will benefit from a guaranteed floor price for
their crops on a long-term contract basis and will be able to enroll all
or portions of their crop acreage in the pool. Organic Valley will offer
contracts for feed-grade grains, beans, oilseeds and hay beginning with
the 2008-2010 cycle.
Similar to Organic Valley's current dairy, meat and produce pools, the
Grower Pool's prices will reflect differences in the co-op's 15 grower
regions. Members will form their own executive committee to develop policy
and pricing guidelines. After one production year, any member can add a
year to the contract at a newly set floor price, or can opt out of the
pool.
"Our objective is to establish regional floor prices for crops that are
clearly profitable for growers yet still affordable for our livestock
producers," said Lowell Rheinheimer, farm resources manager for Organic
Valley. "Growers also will have the benefit of becoming true partners in
the production of organic food with other farmers who believe in
environmentally-responsible farming – rather than selling their feed
crops into an anonymous and turbulent marketplace.
"A substantial number of farmers are already seeking to join the pool,"
Rheinheimer added.
"The hallmark of Organic Valley for its 20 years has been the price
stability it offers its member farmers," said George Siemon, chief
executive officer of Organic Valley. "Our Grower Pool carries that
tradition. It's a good opportunity to bring two groups of farmers together
to negotiate in cooperation and to ultimately provide stability to
both."
Farmers interested in joining the Grower Pool may contact CROPP
Cooperative at 888-809-9297.
Organic Valley Family of Farms: Independent and Farmer-Owned
Organic Valley is America's largest cooperative of organic farmers and is
one of the nation's leading organic brands. Organized in 1988, it
represents more than 1,200 farmers in 34 states and one Canadian province,
and achieved $432.5 million in 2007 sales. Focused on its founding mission
of saving family farms through organic farming, Organic Valley produces a
variety of organic foods, including organic milk, soy, cheese, butter,
spreads, creams, eggs, produce and juice, which are sold in supermarkets,
natural foods stores and food cooperatives nationwide. The same farmers
who produce for Organic Valley also produce a full range of delicious
organic meat under the Organic Prairie Family of Farms label. For further
information, call 1-888-444-MILK or visit www.organicvalley.coop, www.organicprairie.com and the
cooperative's farmer website, www.farmers.coop.
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