Farm cooperatives are organizations formed by farmers to collectively manage resources, share costs, and market their products. By pooling their efforts, members can achieve economies of scale, which helps reduce expenses and increase profits. These cooperatives can focus on various activities, such as purchasing supplies, processing goods, or selling products directly to consumers. Members of farm cooperatives often have a say in decision-making processes, promoting a sense of community and collaboration. This structure allows farmers to access better prices for inputs like seeds and fertilizers, as well as gain a stronger bargaining position in the marketplace. Examples of such cooperatives include dairy cooperatives and grain cooperatives.