Statistics of Farmer Cooperatives, 1970-71 and 1971-72

Jane H. Click

No 314158, Farmer Cooperative Research Report (FCRR) from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report Highlights: The 1971-72 survey of marketing, farm supply, and related service cooperatives showed a continuing upward trend in total business volume but a decrease in number of memberships and organizations between July 1, 1971, and June 30, 1972 (1971-72 statistics in the main body of the report; comparative figures for 1970-71 are presented in the appendix section). Total gross business volume (including intercooperative business) handled by these cooperatives amounted to $28.7 billion. This was an increase of 5.0 percent from the $27.3 billion reported in the previous fiscal year. Total net business, after adjusting the gross figure for business done between cooperatives, amounted to $21.7 billion. This was an increase of 5.4 percent from the $20.6 billion net in 1970-71. The total number of farmer cooperatives decreased from 7,995 in 1970-71 to 7,797 in 1971-72, a net decrease of 198 associations. The decline largely reflects a continuing reorganization trend involving merger, consolidation, and acquisition. Cooperative memberships totaled 6,146,550 in 1971-72, a decrease of 0.2 percent from 6,157,740 memberships reported for 1970-71. The drop continues the long-term trend of declining cooperative memberships due to the decreasing number of farmers in the United States.

Keywords: Agribusiness; Farm Management; Financial Economics (search for similar items in EconPapers)
Pages: 58
Date: 1976-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/314158/files/co-opStats1970-72-FCSrr32.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uersfc:314158

DOI: 10.22004/ag.econ.314158

Access Statistics for this paper

More papers in Farmer Cooperative Research Report (FCRR) from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().