Abstract:Two agricultural cooperatives dominate in Québec, Coopérative fédérée and Agropur, with sales of 2.4 billion and 1.9 billion, respectively. Although they share similar traits, their evolution over the years has resulted in different business models. In turn, their business models have important implications in terms of their relationship with farmers' union, their sensitivity to policy changes and their approach to capital access problems. Nevertheless, the outlook for agricultural cooperatives in Quebec appears to be good, given the support that the Québec government intends to give them in appreciation of their stability and capability to promote regional development.

Keywords: agricultural cooperatives, evolution,  business models

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