Master of Agribusiness / Department of Agricultural Economics / Brian Briggeman / “Skyscrapers of the plains” is a term which refers to the country elevators spread
throughout Kansas and the Midwest, along with the elevators are farmer cooperatives.
Farmer cooperatives have been around for more than a century to serve the area farmers as a place to store and market their grain and to purchase their farm inputs.
The objective of this research is to identify key profitability drivers of farmer
cooperatives of different sizes throughout time. This will be done by using a unique data
set gathered from the CoBank’s RiskAnalysis database and examining it with the DuPont
model. The project breaks down the data by size, large vs. small, and location. If a
cooperative has done more than 100 million dollars in sales in 2010, it was classified as
large for the entire time period, all other cooperatives were small. Location was either
Kansas or Midwest. In this model, operating profit margin or earns, asset turnover ratio or
turns, debt-to-equity ratio or leverage, and spread are examined. Also examined are Return
on Assets, the operating performance, and Return on Equity, the financial performance, of
the cooperative.
Board of Directors and cooperative managers will be able to take this information
and hopefully make decisions which make their respective cooperatives more profitable.
With the information provided, cooperative managers and Board of Directors will be able
to financially compare themselves versus other cooperatives of similar size whether they
are in Kansas or in other Midwestern states.
| Identifer | oai:union.ndltd.org:KSU/oai:krex.k-state.edu:2097/17561 |
| Date | January 1900 |
| Creators | Hines, Christopher A. |
| Publisher | Kansas State University |
| Source Sets | K-State Research Exchange |
| Language | en_US |
| Detected Language | English |
| Type | Thesis |
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