Financial Statistics of the Largest Dairy Cooperatives, 1980 - 1995

Michael D. Kane

No 280008, Research Reports from United States Department of Agriculture, Rural Development

Abstract: Farmer cooperatives are a major force in the U.S. dairy industry. Their share of U.S. milk marketings rose from 53 percent in 1950 to 88 percent by 1995. Dairy cooperatives held an estimated $5.4 billion in assets in 1995. Members owned about 37 percent of the assets and creditors financed the balance with either short- or long-term debt. Hence, the financial status of dairy cooperatives is vital to not only cooperative member-owners and management but also to creditors. This study presents a compilation of financial data obtained from the annual reports of the nation’s largest dairy cooperatives between 1980 and 1995. Financial data and ratios are presented for the group as a whole. The data and derived information can be used by cooperative management and creditors to gauge the financial health of an individual dairy cooperative compared with the large cooperative dairy industry.

Keywords: Agricultural Finance; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 43
Date: 1998-09
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Persistent link: https://EconPapers.repec.org/RePEc:ags:urdbrr:280008

DOI: 10.22004/ag.econ.280008

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