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Statistics of Farmer Cooperatives, 1965-66

Author

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  • Swanson, Bruce L.

Abstract

Excerpts from the report Highlights: The 1965-66 survey of marketing, farm supply, and related service cooperatives showed a continuing upward trend in total business volume but a decrease in number of memberships and organizations between July 1, 1965 and June 30, 1966. Total gross business volume (including intercooperative business) handled by these cooperatives amounted to $ 20.6 billion. This was an increase of 5.1 percent from the $ 19.6 billion reported in the previous fiscal year. Total net business, after adjusting the gross figure for business done between cooperatives, amounted to $15.6 billion. This was an increase of 6.1 percent from the $14.7 billion net in 1964-65. The total number of farmer cooperatives decreased from 8,583 in 1964-65 to 8,329 in 1965-66 , a net decrease of 254 associations. The decline reflects a continuing reorganization trend involving merger, consolidation, and acquisition. Cooperative memberships totaled 6,826,275 in 1965-66, a decrease of 3.6 percent from 7,082,010 memberships reported for 1964-65. The drop continues the long-term trend of declining cooperative memberships due to the decreasing number of farmers in the United States.

Suggested Citation

  • Swanson, Bruce L., 1968. "Statistics of Farmer Cooperatives, 1965-66," Farmer Cooperative Research Report (FCRR) 314153, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersfc:314153
    DOI: 10.22004/ag.econ.314153
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