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National Cooperative Bank released its annual NCB Co-op 100, listing the nation’s top 100 revenue-earning cooperative businesses.
In 2022, these businesses posted revenue totaling $319 billion, a 25% increase from 2021. In this year's rankings, 47 agricultural co-ops totaled $187.6 billion in revenue.
Here are the top agricultural cooperatives focused on grain and their rankings in the top 100.
- CHS Inc., Inver Grove Heights, Minnesota, $47.8 billion in revenue in 2022, maintaining first-place position
- Land O'Lakes, Arden Hills, Minnesota, $19.2 billion in revenue, number three
- GROWMARK, Bloomington, Illinois, $14.6 billion in revenue, number four
- CoBank, Greenwood Village, Colorado, $7.4 billion in revenue, number 10
- Ag Processing Inc., Omaha, Nebraska, $7.3 billion in revenue, number 11
- Agtegra Cooperative, Aberdeen, South Dakota, $3.4 billion in revenue, number 18
- Central Valley Ag Cooperative, York, Nebraska, $3.3 billion in revenue, number 19
- NEW Cooperative Inc., Fort Dodge, Iowa, $2.6 billion in revenue, number 23
- Landus Cooperative, Ames, Iowa, $2.3 billion in revenue, number 25
- Heartland Co-op, West Des Moines, Iowa, $1.9 billion in revenue, number 34
- Green Point Ag, Decatur, Alabama, $1.8 billion in revenue, number 37
- Aurora Cooperative Elevator Company, Aurora, Nebraska, $1.6 billion in revenue, number 40
- United Cooperative, Beaver Dam, Wisconsin, $1.6 billion in revenue, number 42
- Farmers Cooperative, Dorchester, Nebraska, $1.4 billion in revenue, number 50
- Cooperative Producers, Inc., Hastings, Nebraska, $1.3 billion in revenue, number 56
- Heritage Cooperative, Delaware, Ohio, $1.05 billion in revenue, number 67
- Ceres Solutions Cooperative, Crawfordsville, Indiana, $977 million in revenue, number 76
- Innovative Ag Services, Monticello, Iowa, $977 million in revenue, number 77