A new vision for agriculture
momagri, movement for a world agricultural organization, is a think tank chaired by Christian Pèes.
It brings together, managers from the agricultural world and important people from external perspectives,
such as health, development, strategy and defense. Its objective is to promote regulation
of agricultural markets by creating new evaluation tools, such as economic models and indicators,
and by drawing up proposals for an agricultural and international food policy.
A look at the news

La Coop Fédérée, a priceless contribution to the cooperative approach

March 10, 2014

Mapping out the future… Quite a promising perspective for La Coop Fédérée which held its 92nd Annual General Meeting in Quebec on February 27, 2014.

Employing more than 10,000 people and representing over 100,000 members, La Coop Fédérée reported record sales of $5.2 billion for its fiscal year ending October 26, 2013, an increase of five percent compared to the previous year, with earnings of $23.7 million, compared to earnings of $82.3 million for the financial year ending October 27, 2012. These are certainly lower results, although they do not detract from the effectiveness of the agricultural strategy adopted by La Coop Fédérée at both the national and international levels.

Beyond considerations pertaining to the future of Quebec agriculture, the meeting also provided an opportunity to address global issues and raise the challenges now confronting all cooperative businesses, whether they are Canadian, American or European. How to confront price hyper-volatility and increased financialization? How to maintain competitiveness and the cooperative business model in a context of fierce competition? How to safeguard farming profitability and generate financial margins to permit ongoing investment?

To meet these challenges, the cooperative model highlighted during the meeting plays a key role, not only in industrialized nations but also in developing countries––creating value and employment, promoting economic growth or reducing poverty.

With this in mind, the approach allowed La Coop Fédérée to maintain the competitiveness of Quebec and Canadian agribusinesses in a particularly unstable context, as stated by Claude Lafleur, the CEO of La Coop Fédérée since 2005 who is not seeking a new mandate. Agricultural and agro-food cooperative businesses account for close to 40 percent of worldwide cooperatives. In an increasingly globalized and financialized environment, uniting to produce and develop thus makes sense, not only for producers––considered as “rural entrepreneurs” by the Rabobank––but also for consumers.

At a time when agricultural markets are mostly unstable due to the gradual dismantling of regulatory tools, farming and inter-branch associations are of paramount importance to confront agricultural price volatility. Without becoming a substitute to the required regulatory mechanisms to fight price hyper-volatility, uniting to develop and improve market access is a solution that has proven its effectiveness.

Because agriculture is a specific and strategic activity. By keeping this in mind, the driving and federating power of agricultural cooperative businesses will certain be reiterated during the International Summit of Cooperatives to be held in Quebec between next October 6 and 9, in which momagri will be actively involved.

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Paris, 25 June 2019