Jul 28, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin


The Farm CPA

RSS By: Paul Neiffer, Top Producer

Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.

Some Interesting Ag Cooperative Facts

Dec 13, 2012

The USDA issues a bi-monthly newsletter on the Farm Cooperative industry and the latest issue had some interesting facts:

  • Minnesota has the highest number of coops (a distinction held since 1900) with 203.  Texas is second with 187 followed by North Dakota and California.  These numbers are based upon the number of Coops with headquarters in each state, not the total number of locations.
  • There are about 2,200 Ag Coops in the USDA database.
  • Iowa has the largest amount of total sales with about $22.4 billion with Minnesota just behind at $22 billion.
  • Five Midwest states comprise number 1-5 with total dollar volume of about $83 billion.
  • Total dollar volume for all 2,200 Coops in the database was about $215 billion.

 

The Ag Coop industry continues to be an integral part of the American farming industry and should continue this for many more years.  There is a continuing trend of consolidation in the industry, however, the benefit to the farmer/members remains.

Log In or Sign Up to comment

COMMENTS

No comments have been posted, be the first one to comment.

Receive the latest news, information and commentary customized for you. Sign up to receive Dairy Today's eUpdate today!

 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions