Cooperative Farming I.

Cooperative Farming I.
Better Together
Name	Cooperative Farming I.
Type	cooperative
Product	agricultural products
Origin	Kings, Lovia
Founded	2010 by local farmers
Owner(s)	Council of farmers (60%) State of Kings (20%) Yuri Medvedev (20%)
Headquarters	Pines, Newhaven 2 Railway Street
Profit	N/A

Cooperative Farming I. stands for 'Cooperative Farming Initiative', a farming company on Kings. The company was founded in 2010 when several independent farmers united against the big farming companies that settled on Kings. The small farms where combined to be able to weigh on the market price of agricultural products and are together good for about sixty percent of the farming on Kings. Cooperative Farming produces various crops and raises livestock. The company is run by council of farmers and works closely together with the local authorities who made an investment in the company.

Farms in the cooperative

The Cooperative Farming Initiative owns several farms across the isle of Kings, good for about 60% of all farming grounds. Most notably are the lands in between Newhaven and Portland. Beside the actual agricultural grounds, the cooperative also has some farms at the edge of the agglomeration:

• 2 Railway Street, Pines, Newhaven (headquarters)
• 2 Northern Square, Hurket-on-Kings, Portland
• 1 Sagan Street, Beaverwick

Ownership

At first the Cooperative Farming Initiative was lead by all participating farmers. The larger one's contributes to the total output were, the more decisive one's vote was. Later on, after the combined investments of the State of Kings and Yuri Medvedev, this structure was turned into a so called council of farmers where all people have an equal vote. The investors got a combined share of 40% on the enterprise but renounced their right of participation. The current ownership is divided as follows:

• Council of farmers : 60%
• State of Kings : 20%
• Yuri Medvedev : 20%