P. Scott Shearer, Vice President

May 4, 2012

1 Min Read
Largest Ag Co-ops Post Near-Record Sales

 

USDA announced that the nation’s 100 largest agriculture cooperatives reported near-record revenue of $118 billion in 2010, an increase of 4% over 2009.  Net income was $2.39 billion, an increase of more than 10%.  The leading cooperatives were CHS Inc., Land O’Lakes, and Dairy Farmers of America. 

Of the top 100 cooperatives, 23 had 2010 revenue of more than $1 billion; 47 co-ops had revenue between $506 million and $1 billion.  Total expenses for the top 100 agriculture co-ops were $4.6 billion.  A complete list of the top 100 agricultural cooperatives can be found at USDA’s website: http://www.rurdev.usda.gov/SupportDocuments/rdTop100AgCoopList04-27-2012.pdf.

About the Author(s)

P. Scott Shearer

Vice President, Bockorny Group, Inc.

Scott Shearer is vice president of the Bockorny Group Inc., a leading bipartisan government affairs consulting firm in Washington, D.C. With more than 30 years experience in government and corporate relations in state and national arenas, he is recognized as a leader in agricultural trade issues, having served as co-chairman of the Agricultural Coalition for U.S.-China Trade and co-chairman of the Agricultural Coalition for Trade Promotion Authority. Scott was instrumental in the passage of China Permanent Normal Trade Relations and TPA. He is past chairman of the USDA-USTR Agricultural Technical Advisory Committee for Trade in Animals and Animal Products and was a member of the USAID Food Security Advisory Committee. Prior to joining the Bockorny Group, Scott served as director of national relations for Farmland Industries Inc., as well as USDA’s Deputy Assistant Secretary for Congressional Affairs (1993-96), serving as liaison for the Secretary of Agriculture and the USDA to Congress.

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