Tuesday, October 8, 2019

Dorchester-Based Farmers Cooperative Now 70th Largest In U.S.

Dorchester Co-op in the late 1950s.

It is hard to believe now, but Dorchester's Farmers Cooperative was once just another small grain elevator on a line of the Burlington Rail Road.

The Dorchester Times has learned that Farmers Cooperative -- which nowadays is a full service organization with products and services offered in energy, grain, feed, and agronomy -- is now the 70th largest cooperative in the nation, according to an updated comparison.

This year's National Cooperative Bank Co-op 100 list contains eight Nebraska-based co-ops.

Dorchester-based Farmers Cooperative remained in the same position of No. 70 as it was in 2018. In 2017, the co-op was in 73rd place.

Omaha-based Ag Processing Inc. was the top-ranked co-op based in the state, coming in 11th on the list. That was down one spot from last year, even though the company increased its revenue by more than $500 million compared with last year.

Central Valley Ag Cooperative in York, which has been growing rapidly through acquisitions over the past several years, was the big riser among Nebraska co-ops, moving from 46th on the list last year to 21st this year. FCS America, another Omaha-based co-op, was No. 26. 

Other co-ops in Nebraska that made the list were: Producers Livestock Marketing Association of Omaha, 35th; Aurora Cooperative Elevator Co., Aurora, 56th; Frenchman Valley Farmers Cooperative, Imperial, 78th; and Cooperative Producers Inc., Hastings, 86th.

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