Paraná Cooperative Distributes R$139 Million Surplus among Member Farmers

Cooperatives should share R$3.7 billion in surplus among rural producers in the state.

RIO DE JANEIRO, BRAZIL - End of year is the time when cooperatives share profits with their associates. In Paraná, one of the main states in this segment, invoicing should exceed R$100 billion.

This is due to the work of 179,000 producers who have joined in the cooperative concept. In the city of Campo Mourão, one of the pioneering cooperatives in the state was born 50 years ago.

COAMO was founded in 1970 with 79 farmers and today they are over 29,000. The cooperative has become the largest in Latin America and has expanded to other states . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?