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Abstract

A survey of 2,594 U.S. farmer, rancher, and fishery cooperatives ending their business year during calendar year 2007 showed a net business volume of $127.8 billion with a net income of $3.8 billion. These cooperatives had assets totaling $57 billion, $36 billion of liabilities, and $21 billion in equity. Cooperatives were a major employer in rural areas, with 125,000 full-time workers, and 56,000 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.

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