skyhightree1
Well-known member
I went to look at what seeds are running now as I begin to overseed pastures next weekend. This is what people with no account are paying for seeds.
Potential members of Producers must be in production agriculture with the intent to earn a profit.
They can only join subject to board approval and must pay $10 for one share of preferred stock.
As members purchase products from the cooperative, they simultaneously contribute to the
cooperative's capital. This occurs because a percentage of the profit generated by each
member's dollar purchases is retained in the form of capital stock. Capital stock is redeemed
(i.e., paid back to each member) at the discretion of the board. Since the late 1980s, the
Producers board has been able to maintain a five-year revolving cycle. Even though members
must wait five years, they often refer to their stock as a dividend. Because this capital stock can
only be awarded through patronage in the cooperative, a virtuous cycle exists whereby members'
on-going purchases fund the cooperative's equity and secure its future growth and operation.
Which co-op Slick?slick4591":2bftdnpz said:The co-op I belong to gives members a discount. $25.00 bucks a year membership and you save a small percentages on purchases. When I bought the new squeeze chute it saved me about $75.
Lucky_P":12rnohhs said:That's how it is here, greybeard. I get a patronage dividend check yearly; got mine last week, haven't looked at it yet - it's usually something along the line of $6.48. Woo-hoo!
greybeard":1ccmxm1n said:Which co-op Slick?
Lucky_P":35wcgaa7 said:sky,
I have had an account with Southern States for over 20 years. I pay the same amount for whatever I buy as any other goober walking in off the street.
You get a discount? Why?
Cowgirl8--is that you???skyhightree1":3rg5zb6v said:Lucky_P":3rg5zb6v said:sky,
I have had an account with Southern States for over 20 years. I pay the same amount for whatever I buy as any other goober walking in off the street.
You get a discount? Why?
I buy volume I generally will buy about 20-30 skids of grass seeds -5 skids of ice melt - 10-15 skids of fertilizer and a ton of trees and shrubbery plants. I also buy all my feed from them and minerals etc. They give me a discount on everything I buy.
greybeard":2k3lkr8x said:Cowgirl8--is that you???skyhightree1":2k3lkr8x said:Lucky_P":2k3lkr8x said:sky,
I have had an account with Southern States for over 20 years. I pay the same amount for whatever I buy as any other goober walking in off the street.
You get a discount? Why?
I buy volume I generally will buy about 20-30 skids of grass seeds -5 skids of ice melt - 10-15 skids of fertilizer and a ton of trees and shrubbery plants. I also buy all my feed from them and minerals etc. They give me a discount on everything I buy.
Lucky_P":2wz7fpuf said:I didn't take it as bragging, and nothing to be embarrassed about - was just wondering. You buy a lot more from 'em than I do. I'm a small-timer, and like bigfoot said, there are other options here in our area, so SS doesn't get all my business. Just knew that I didn't get any discount for having an account with them.