Statistics of Farmer Cooperatives, 1962-63

Excerpts from the report: Farm products marketed by cooperatives in 1962-63 had a gross value of almost $13.9 billion. This was about a 7-percent increase over the $13.0 billion in 1961-62. The net value of farm products marketed was more than $10.8 billion. The net figure reflects elimination of interassociation business and represents an increase of 6.6 percent over the comparable figure of almost $10.2 billion in the previous year. The total number of cooperatives in the survey dropped from 9,039 in 1961-62 to 8,907 in 1962-63. This was a net decrease of 132 associations. For the first time since 1958-59, when a temporary reversal 1 year in duration occurred, the downward trend in membership figures was reversed. In 1962-63, memberships in cooperatives increased by 119,770 and totaled 7,218,750