Agricultural businesses were the highest ranked revenue-earning cooperative businesses in the latest National Consumer Cooperative Bank (NCB) Co-op 100 listing. The NCB issued its ranking from 2007 data, which seems quite late in the year but is still pertinent to the volume of business being done by cooperatives. CHS Inc. was the No. 1 ranked business with $17.2 billion in revenue.



Dairy Farmers of America was second with $11.1 billion; Land O'Lakes, Inc. was third with $8.9 billion, and Growmark, Inc. was seventh with $4.4 billion in revenue. The remaining agriculture companies in the top 25 were California Dairies, Inc., $3.5 billion; Ag Processing, Inc., $2.7 billion; and Southern States Cooperative, $1.7 billion.



The Co-op 100 listing has four main business categories for listing co-op companies-agriculture, energy and communication, grocery, finance-plus a half dozen specialty categories.



The NCB Co-op 100 debuted in 1991, and for the past 17 years has been the only yearly report of its kind to track cooperative revenues in the United States. Cooperatives in this top 100 accounted for a combined revenue of more than $173 billion in 2007. This was a $24 billion increase from 2006 to 2007.



To view the listing, click here (PDF format).