USDA Honors Cooperative Farming Initiatives

Many farm equipment operators will be celebrating Cooperative farming efforts across the country this month as the USDA officially dedicates the month of October to cooperative farming efforts.

The measure was signed by Tom Vilsack, Agriculture Secretary, with a proclamation acknowledging the celebration of more than 29,000 cooperative farms currently under operation in the country. The farming groups have continued to gain in strength and influence in recent years, and their economic impact has bee measured at more than $650 billion every year.

The proclamation noted that cooperatives work together to accomplish a number of activities like buying new and used farm equipment, electricity, and telecommunication services along with producing and marketing crops. The USDA will also be providing $8.3 million in funds through the Rural Cooperative Development Grant Program. The funds will be provided to 27 states and funding opportunities were unveiled earlier this month.