Save the Section 199 Deduction
The success of farmer cooperatives is critical to sustaining a stable and affordable food supply. And Section 199 is critical to the success of farmer cooperatives.
Since 1929, the National Council of Farmer Cooperatives (NCFC) has been the voice of America’s farmer cooperatives. Our members are regional and national farmer cooperatives, which in turn consist of more than 2,500 local farmer cooperatives across the country. The majority of America’s 2 million farmers and ranchers belong to one or more farmer cooperatives. NCFC members also include 21 state and regional councils of cooperatives.
Farmer cooperatives handle, process and market almost every type of agricultural commodity; furnish farm supplies; and provide credit and related financial services, including export financing. Earnings from these activities are returned to their farmer members on a patronage basis, helping improve their income from the marketplace.
Farmer cooperatives also provide over 250,000 jobs, with a total payroll in excess of $8 billion, and contribute significantly to the economic well-being of rural America.
NCFC’s mission is to advance the business and policy interests of America’s cooperatives and other farmer-owned enterprises.
In fulfilling this mission, NCFC upholds four core values. These are:
Washington, D.C. (November 13, 2017)—Over 180 agricultural organizations, cooperatives and other agribusinesses on...
Washington, D.C. (October 25, 2017)--The National Council of Farmer Cooperatives (NCFC) today expressed strong opp...