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Marketing Operations Of Dairy Cooperatives, 2012

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  • Ling, K. Charles

Abstract

Just under 42,000 member-producers, owners of the Nation’s 132 dairy cooperatives, marketed 161.2 billion pounds of milk, or 81 percent of all U.S. milk marketed, in 2012. Including milk received from non-members and non-cooperative firms, total milk handled by cooperatives was 167.7 billion pounds (of which 3 billion pounds was organic milk), or 84 percent of the national share. Forty-seven cooperatives operated milk plants and receiving facilities. Cooperatives marketed 75 percent of the Nation’s butter, 91 percent of nonfat and skim milk powders, 22 percent of natural cheeses, and 43 percent of dry whey products. Eighty dairy cooperatives reported having 22,969 full-time and 816 part-time employees. Eighty-nine cooperatives reported that for the fiscal year, on a per-hundredweight (cwt) basis: total assets were $10.90; total liabilities were $8.12; total equity was $2.78; and net margin before taxes was 22 cents, or a return-on-equity of 8 percent.

Suggested Citation

  • Ling, K. Charles, 2014. "Marketing Operations Of Dairy Cooperatives, 2012," Research Reports 279798, United States Department of Agriculture, Rural Development.
    • Handle: RePEc:ags:urdbrr:279798
    DOI: 10.22004/ag.econ.279798
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    Cited by:

    1. Bolotova Yuliya V., 2024. "Private Supply Management and Market Power in the U.S. Dairy Industry," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 22(1), pages 1-17.
    2. Bolotova, Yuliya, 2020. "The Price Effects of Milk Supply Control in the U.S. Dairy Industry," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304209, Agricultural and Applied Economics Association.

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    Keywords

    Livestock Production/Industries; Marketing;

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