Ag Co-ops Set Asset Record:Revenue dips, but co-ops remain profitable and financially stable

摘要

USDA's annual survey of the nation's 1,953 farmer, rancher and fishery cooperatives shows that while revenue dropped for the second straight year, net income nearly matched the record high set in 2015. Service receipts and other operating income dropped very slightly in 2016, while total expenses dropped by 5 percent. Patronage received and non-operating income both increased, by 6 and 7.5 percent, respectively.