Ag co-ops lead list of top revenue earners
Agriculture cooperatives hold down the top three spots in National Cooperative Bank’s annual NCB Co-op 100 list released last week.
The report ranks the nation’s top 100 revenue-earning cooperatives, which posted revenue totaling approximately $208 billion in 2016. The businesses represent a cross-section of sectors, including agriculture, grocery, hardware and lumber, finance, energy and communications, housing and recreation among others.
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...