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Farmer co-ops set net income record; gross business volume hits $126.5 billion.

Publication: Rural Cooperatives
Publication Date: 01-SEP-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Farmer cooperatives had a record $3.2 billion in pre-tax net income in 2006, fueled by farm supply sales--especially by higher prices for petroleum products. This marks the second consecutive year that a new net income record was set. Net income shot up by 24 percent from 2005, when $2.5 in...

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...billion net income was reaped by the nation's farmer-owned cooperatives.

Overall farm supply sales increased by almost 17 percent, with...

NOTE: All illustrations and photos have been removed from this article.



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