WHY CO-OP
The key differences between a co-operative and a company show that both business structures have their benefits, however the following reasons make a co-operative structure the best choice for Yenda Producers.
All co-operatives are generally governed by the same seven core principles, which were adopted by the International Co-operative Alliance in 1995. The principles, listed within Section 10 of the Co-operative Nation Law, are:
- Voluntary and Open Membership;
- Democratic Member Control;
- Member Economic Participation;
- Autonomy and Independence;
- Education, Training and Information;
- Co-operation among Co-operatives;
- Concern for the Community.
Membership Benefits
Joining the Yenda Producers Co-operative is a low-cost, mutually beneficial choice. As a member, you are part of the success of the Yenda Prods and in return you share in that success. The interconnected journey of the Co-op ensures that members have an opportunity to contribute to and shape their Co-op.
Financial Benefits
YPC has historically paid its members a rebate and dividend. The level of benefit is directly related to the performance of the Co-op in any financial year. Since 2011, shareholders have received an annual return of 2% rebate and 5% dividend. Recently, there has been only one year in which a rebate was not paid. This was in 2003 and was directly attributed to the drought.
Buying Power & Discounts
YPC has direct accounts with all major suppliers for fertiliser and chemicals. This allows members to source almost all products at a competitive price, equal to if not better than national sized competitors.
Support Local
As a member-based business, YPC recognises that the majority of its owners live locally. Thus, the Co-op supports numerous community groups through donation of services (e.g. spreading of fertiliser for local sporting grounds), financial support through sponsorship, and providing donations for fundraising activities.
Join Yenda Prods
To become a member of the Yenda Producers Co-operative, please download and fill out the application form and then submit it in person at one of the Yenda Producers branches in Wangaratta, Baranduda, Yenda, Leeton or Griffith.
Co-operative Guidelines
For questions or information on the Rules and Guidelines of the Co-operative, please call (02) 6961 3300 or visit the Yenda Prods website
Download An Application Form
Trading Hours
NorMac Rural Wangaratta
Monday - Friday 8am to 5.00pm
Saturday - 8am to 12.00pm
NorMac Rural Baranduda
Monday - Friday 8am to 5.00pm
Saturday - 8am to 12.00pm
