Food cooperatives now eligible for Small Business Administration loans

While some cooperatives reach Fortune 500 status, most are small businesses that rely on debt financing more than investor-owned firms.

NCBA CLUSA is pleased to report that the U.S. Small Business Administration is eliminating a regulation that has blocked food cooperatives from accessing its lending programs for more than 50 years.

Senate FY18 Ag Appropriations bill recommends level RCDG funding

The Senate’s FY18 Ag Appropriations bill recommends continued funding for programs vital to the economic growth of rural America.

The Senate Agricultural Appropriations Subcommittee last week approved a $145.4 billion fiscal year (FY) 2018 Ag Appropriations Bill last week that—much like the House version—rejects most of the president’s budget proposal, including the elimination of the Rural Cooperative Development Grants (RCDG) program.

House FY18 Ag Appropriations Bill preserves RCDG funding at reduced level

The House bill rejects President Trump’s call to eliminate USDA Rural Business and Cooperative Service.

The House Agricultural Appropriations Subcommittee marked up a $144.9 billion fiscal year (FY) 2018 Ag Appropriations Bill last week that rejects the proposed elimination of many programs within the U.S. Department of Agriculture (USDA), including most of the Rural Cooperative Development Grant (RCDG) program. The bill, which the Subcommittee advanced to the full Appropriations Committee by unanimous voice vote June 29, would restore funding for RCDG, a positive sign given the current budget climate.

2018 budget proposal zeroes out programs essential to domestic, international cooperative development

Despite proposed cuts, NCBA CLUSA is confident that lawmakers will ultimately recognize the value of cooperative development.

The Trump Administration's $4.1 trillion 2018 detailed budget, released Tuesday by the White House and the Office of Management and Budget, proposes deep cuts to or entirely eliminates programs essential to domestic and international cooperative development. Although it is not expected to survive scrutiny by lawmakers, the proposal puts numbers on the Trump administration’s priorities of defense and homeland security—often at the expense of foreign aid, which the budget slashes by more than a third.

Co-ops back in U.S. Census after 20-year absence

Including co-ops in the 2017 Economic Census will help pinpoint the scope and impact of cooperative businesses nationwide.

NCBA CLUSA is thrilled to announce that a decades-long absence of federally-reported data on co-ops in the U.S. will end with the 2017 Economic Census. The Office of Management and Budget on Friday approved without change or question the main 2017 Economic Census package, which includes a question identifying cooperative businesses. “This is a breakthrough moment for cooperatives nationwide,” said Judy Ziewacz, president and CEO of NCBA CLUSA. “The data gathered by the 2017 Economic Survey will fill a critical gap within the cooperative sector, allowing us to tell the story of cooperative economic impact in a more compelling way.”

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Fri Oct 20 22:16:02 +0000 2017

New "State of the Co-op Economy" report counts 40K co-ops in the U.S - highlights from #CoopIMPACT:… https://t.co/fElWASSr8g
Fri Oct 20 19:20:39 +0000 2017

RT @coopnews: Vermont dairy co-op joins @benandjerrys #MilkWithDignity programme on workers' rights with @MigrantJustice #coops https://t.c…
Fri Oct 20 18:25:36 +0000 2017

RT @FairtradeMarkUS: Co-ops and #Fairtrade go hand in hand. 🙌 Wanna know how?https://t.co/gpdEHsTZLp@NCBACLUSA breaks it down with @mar

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