The share primitive

How it works

Six steps. Each one depends on the one before it.

  1. 01

    A producer names a lot

    One steer, one field, one run of the kitchen. A known quantity with a known cost.

    One lot
    A single, countable batch of food
  2. 02

    The lot is divided into shares

    Quarter, half, full. Priced from the producer's actual cost plus margin, not from retail comparison.

    ¼ · ½ · 1
    Share sizes cut from the lot
  3. 03

    Members buy shares before the season

    Price locks at purchase. What the member pays in spring is what the food costs them, whatever happens to grocery prices later.

    Price locked
    Set on the day of purchase
  4. 04

    The producer gets paid up front

    This is the part that matters. Working capital before planting, not after harvest.

    Paid in full
    Before any cost is sunk
  5. 05

    Members draw down over time

    Some goods are held; some are picked up on a schedule. Which is which depends on the product.

    Balance ↓
    Units leave the share as they're taken
  6. 06

    The ledger tracks the balance

    Every member sees what they've bought, taken, and have left. Nothing is guessed at either end.

    Bought − taken
    The remainder is the member's balance

The storage question

What gets held, what doesn't

Lumpy and storable

Example: Beef, pork, grain, honey, firewood

Model: Held inventory

Arrives in one large quantity. Sits in cold or dry storage until drawn down.

Continuous and perishable

Example: Vegetables, eggs, dairy

Model: Pre-order, pickup window

Comes in steadily and won't wait. The share funds the season; the member chooses each pickup.

Processed

Example: Sauce, kraut, stock, preserves

Model: Either — this is the bridge

Shelf-stable output made from perishable input. Can be held like beef or ordered like produce.

Preserving turns a harvest window into a year.

A field of tomatoes may need to move in three weeks. Sauce can be drawn down in February. Conversion makes surplus useful instead of leaving the loss with the producer.

What this means for a producer
Farm cold-storage room with crates, freezer, and preserves