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Farmer Cooperative Statistics, 2003

Author

Listed:
  • Adams, Celestine C.
  • DeVille, Katherine C.
  • Penn, Jacqueline E.
  • Eversull, E. Eldon

Abstract

A survey of 3,086 U.S. farmer-owned cooperatives ending their business year during calendar year 2003 showed a net business volume of $100.6 billion with a net income of $1.1 billion. These cooperatives had assets totaling $47 billion, about $27 billion of liabilities, and $20 billion in equity. Cooperatives continued to be a major employer in rural areas, with 165,000 full-time workers. 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, farm supply, or service cooperative. Trends in cooperative numbers, memberships, employees, business size, sales volume, net income, assets, liabilities, and net worth are reported.

Suggested Citation

  • Adams, Celestine C. & DeVille, Katherine C. & Penn, Jacqueline E. & Eversull, E. Eldon, 2006. "Farmer Cooperative Statistics, 2003," Service Reports (SR) 280709, United States Department of Agriculture, Rural Development.
  • Handle: RePEc:ags:urdvsr:280709
    DOI: 10.22004/ag.econ.280709
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    Cited by:

    1. Sanjib Bhuyan, 2007. "The “People” Factor in Cooperatives: An Analysis of Members' Attitudes and Behavior," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 55(3), pages 275-298, September.

    More about this item

    Keywords

    Agribusiness; Farm Management;

    Statistics

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