CVA Rising City

In the past two years, Central Valley Ag has added two 120-feet-tall concrete grain storage and handling structures, right, and a new scale house at its Rising City location. CVA acquired the property in the merger with United Farmers Cooperative.

Nebraska is home to eight of the U.S.'s largest cooperative businesses, according to the latest annual report from the National Cooperative Bank.

The NCB Co-op 100 list ranks the top co-ops in the country based on revenue. Ag Processing Inc., an Omaha-based agriculture co-op, was the largest in Nebraska and 11th largest in the country with $3.4 billion in revenue in 2016. That was down sharply from $4.35 billion in 2015 and $5.1 billion in 2014, reflecting the continuing decline in farm income.

Agricultural lending, on the other hand, has remained strong, which allowed Farm Credit Services of America to jump in the rankings.

With $1.2 billion in revenue in 2016, FCS America, which is also based in Omaha, ranked 40th, up from 71st in 2015.

Other Nebraska co-ops that made the NCB list and their rankings were: Central Valley Ag Cooperative of York, 42nd; Livestock Producers Marketing Association of Omaha, 43rd; Aurora Cooperative Elevator Co., Aurora, 54th; Farmers Cooperative, Dorchester, 73rd; Frenchman Valley Farmers Cooperative, Imperial, 82nd; Cooperative Producers Inc., Hastings, 94th.

CHS Inc., with more than $30 billion in revenue, was the largest co-op on the list. You can see the full ranking at: https://ncb.coop/ArticleDocuments/250/NCB-Co-op-100-2017-Web.pdf.aspx?Embed=Y

Angry
0
Sad
0
Funny
0
Wow
0
Love
0

Load comments