COOPERATIVE STATISTICS, 2011

Sarah Ali, Jaqueline E. Penn and E. Eldon Eversull

No 280613, Service Reports (SR) from United States Department of Agriculture, Rural Development

Abstract: A survey of 2,285 U.S. farmer, rancher, and fishery cooperatives ending their business year during calendar year 2011 showed a record business volume, net income, and total assets. Gross business volume was $213.5 billion while net business volume was $183.6 billion, and net income totaled slightly more than $5 billion. These cooperatives had more than $78 billion in assets, $50 billion of liabilities, and $28 billion in equity. Cooperatives were a major employer in rural areas, with 131,000 full-time workers and 53,000 part-time or seasonal employees. Business volume by commodity is reported for all cooperatives. Number of cooperatives, cooperative memberships, and number of employees are classified according to whether the business is a marketing, supply or service cooperative. Trends in cooperative numbers, memberships, employees, business size, sales volume, net income, assets, liabilities, and net worth are reported.

Keywords: Agribusiness; Agricultural Finance (search for similar items in EconPapers)
Pages: 64
Date: 2012-10
New Economics Papers: this item is included in nep-hme
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Persistent link: https://EconPapers.repec.org/RePEc:ags:urdvsr:280613

DOI: 10.22004/ag.econ.280613

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