Fri, 19. 09

Verners, Muntis

16° Valmiera 6m/s W

Fri, 19. 09

Verners, Muntis

16° Valmiera 6m/s W

Agro

Partners

Advantages of our cooperative

VAKS has been actively operating since 1999. The cooperative is a Latvian grain growers’ company that has established a system ensuring the primary processing, storage, and marketing of its members’ produce.

 

Vairāk Mazāk

Questions and answers

  1. The main functions of a grain cooperative:

    • Grain pre-processing and storage – ensuring proper drying, cleaning, and quality control.

    • Collective marketing and sales – combining members’ volumes to negotiate better prices and secure access to local and international markets.

    • Supply of inputs – providing seeds, fertilizers, crop protection products, foliar nutrition, and machinery at competitive prices.

    • Financial security – offering pre-financing, safe transactions, and reliable payment systems.

    • Knowledge and consulting – agronomist support, field days, training, and market analysis.

    • Infrastructure and investment – developing grain elevators, logistics, laboratories, and digital tools that would be too costly for individual farms.

    • Representation – acting as the farmers’ voice in discussions with processors, policymakers, and financial institutions.

    How it differs from individual farming:

    An individual farmer must sell crops, negotiate contracts, and manage risks alone, often with limited bargaining power due to smaller volumes.
    In a cooperative, farmers pool their resources and harvests, gaining stronger market positions, better prices, access to shared infrastructure, and collective risk management.