The La Farge-based Organic Valley Cooperative reported sales of $1.2 billion for the year ending 2020.
CEO Bob Kirchoff says the company experienced consolidated sales growth of 4.5 percent thanks to more conscious shoppers looking for higher quality products.
"Farms continue to disappear at an alarming rate while the number of animals grows steadily, producing food in systems designed without regard for the long-term, holistic benefit of people, animals, and the environment," Kirchoff said. "We are here to offer an alternative: an opportunity for organic family farms to thrive. Family farms care for animals, steward natural resources, produce nourishing food, strengthen rural communities, and pass that care on from one generation to the next, giving all of us a better food system for tomorrow."
He adds that Organic Valley made considerable progress in 2020 that will support a long-term future for organic family farms. Compared to 2019, the nation's largest organic farmer-owned cooperative improved consolidated net income by $48.4 million in 2020.
Categories: Wisconsin, Business