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Abstract

A survey of 2,473 U.S. farmer, rancher, and fishery cooperatives ending their business year during calendar year 2008 showed a net business volume of $191.9 billion with a net income of $4.8 billion. These cooperatives had assets totaling $69 billion, $46 billion of liabilities, and $23 billion in equity. Cooperatives were a major employer in rural areas, with 124,000 full-time workers and 54,000 parttime 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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