Agriculture co-ops rank first in revenue

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(Farm and Dairy file photo)

Arlington, Va. — National Cooperative Bank released its annual NCB Co-op 100, a listing of the nation’s top 100 revenue-earning cooperative businesses.

In 2016, these businesses posted revenue totaling approximately $208 billion. The NCB Co-op 100 remains the only annual report of its kind to track the profits and successes of cooperative businesses in the United States.

In addition to ranking the top 100 co-ops by revenue, the report also highlights the many ways co-ops commit to their members, sustainability, education, impact, kindness and their community.

In the agriculture sector, the top revenue producers in 2016 were: CHS Inc., based in Saint Paul, Minnesota reported $30.3 billion in revenues in 2016 and maintained its first place position on the NCB Co-op 100 list.

Dairy Farmers of America, based in Kansas City, Missouri, reported $13.5 billion in revenues, earning the number two ranking.

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