Farmland Industries
American company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Farmland Industries?
Summarize this article for a 10 year old
Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.
Industry | Agricultural marketing cooperative |
---|---|
Founded | 1929 (Union Oil Company); 1935 (Consumers Cooperative Association); 1966 (Farmland) |
Fate | Assets sold in 2002–04 |
Successor | Smithfield Foods (foods); US Premium Beef (beef); Koch Industries (fertilizer) |
Headquarters | Kansas City, Missouri |
Number of employees | 16,000 (2002) |
Subsidiaries | Farmers Petroleum, Inc.; Farmland Foods, Inc.; Farmland Insurance Agency; Farmland National Beef Packing Co.; Pipeline Company; Farmland Securities Co.; Farmland Transportation, Inc. |
Website | www |
The Farmland brand and its slogan "Good Food From the Heartland" are now owned by Smithfield Foods, the largest pork producer and processor in the world, but Farmland Foods, Inc. operates independently and continues to market meat products under the "Farmland" brand. Farmland Foods serves both domestic and international markets and has revenues in excess of $3.5 billion annually.