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Ray-Carroll Grain, among nation’s top 100 co-ops, ranked 79th in 2010

The nation’s 100 largest agriculture cooperatives reported near-record revenue of $118 billion in 2010, USDA Rural Development Under Secretary Dallas Tonsager announced Tuesday, with local company Ray-Carroll Grain Growers jumping from 94th-best in 2009 to 79th in 2011.
The total increase among the top 100 co-ops refects a 4- percent gain over the 2009 figures. Net income for the 100 top agriculture co-ops was also up more than 10 percent in 2010, reaching $2.39 billion, up from $2.16 billion in 2009
The other Missouri companies to crack the Top 100 were Dairy Farmers of America in Kansas City at No. 3 and MFA Incorporated, a mixed-grain company based in Columbia, at No. 21 and MFA Oil Company, a supply division, at No. 22.
According to USDA figures, Ray-Carroll’s revenue jumped from $243 million to $332 million from 2009 to 2010.

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