Top 5 Largest Agriculture Cooperatives in 2010

Melissa Sandfort

The nation’s 100 largest agriculture cooperatives reported near-record revenue of $118 billion in 2010, announced USDA Rural Development Under Secretary Dallas Tonsager. This was an increase of 4 percent over 2009 figures. Net income for the 100 top agriculture co-ops was also up more than 10 percent in 2010, reaching $2.39 billion, up from $2.16 billion in 2009.

Here are the cooperatives that hit the charts in the top 5:
CHS Inc., Saint Paul, Minn.
Land O’Lakes Inc., Saint Paul, Minn.
Dairy Farmers of America, Kansas City, Mo.
GROWMARK Inc., Bloomington, Ill.
Ag Processing Inc., Omaha, Neb.

Leading the revenue increase from 2009 to 2010 were dairy cooperatives, which saw 2010 revenue climb more than 14.5 percent from the previous year, to $29.5 billion. Dairy cooperatives accounted for more than half of the revenue increase recorded by the top 100 ag co-ops in 2010.

Click here for the complete listing or read more in the USDA Rural Cooperatives magazine.

Agribusiness, Cooperatives, Dairy, USDA