Farmer-Owned Organic Valley Announces Another Strong Year Investing in the Future of Small Organic Family Farms

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Cooperative continues its work to allow farmers to stay on the land and offer consumers delicious organic food

LA FARGE, Wis., July 28, 2022 /PRNewswire/ — Farmer-owned Organic Valley has shared good news with its members: consecutive years of bottom line revenue while facing complex supply chain challenges.

Organic Valley reported net income of $25 millionusing positive operating cash flow to repay $21 million of the cooperative’s debt. The organic cooperative continued to operate with a low profit margin of less than 2.5% as it pursued its mission of supporting family farms by focusing on increasing the average prices paid to its farmer-members and on capacity building to attract more small family organic farms around the world. coming.

Headwinds of unexpected challenges, including a major fire at the Organic Valley Creamery in McMinnville, Oregon, has created barriers to meeting product demand in 2021. Organic Valley is currently rebuilding the creamery, with the first loading and processing stage complete and active just one year after the fire. Organic Valley has already rehired several employees in the region and built vital local dairy processing capacity in the Pacific Northwest.

“People across the country continue to seek out Organic Valley products. They want to spend their dairy money on something they believe in, and they’re helping us save more organic family farms that would otherwise be abandoned by industrial dairy and big corporate agriculture. 2021 has helped set us up to offer membership in our co-op to small organic family farms that need a home for their milk, and that’s huge,” said Bob Kirchoff, CEO of Organic Valley. “By optimizing our workflow, realigning our structures and maximizing the value of our farmer-member products, we were able to improve our bottom line again.”

Organic Valley has also invested time in 2021 to lay the foundation for thought leadership programs in sustainability and animal care. With an expanded set of animal care standards, a new carbon insert program launching in 2022, and new products on shelves across the country, the independent cooperative of nearly 1,800 small family farms is focused on the future of organic food and farming in the United States.

“Our cooperative exists through organic family farms, and advancing our mission is central to what we do. Agriculture is at a critical time right now. Inflation is affecting farmers across the country. And now, more than ever, maintaining a stable pay the price for organic family farms is essential for our farmers to continue doing what they love: raising animals in harmony with nature to provide nutritious organic food” , said Steve PiersonOrganic Valley Farmer and Chairman of the Board.

About Organic Valley

Organic Valley is passionate about doing what’s right for people, animals and the earth and is committed to bringing ethically produced organic food to families around the world. Organic Valley is the largest organic farmer-owned cooperative in the United States and one of the largest organic consumer brands in the world. Founded in 1988 to sustain family farms through organic farming, the cooperative represents nearly 1,800 farmers in 34 American states, Canada, Australiaand the UK. For more information, visit ov.coop/impact. Organic Valley is also @OrganicValley on Instagram, Facebook, LinkedIn and Twitter.

Media Contact:
Elizabeth McMullen
[email protected]
608-625-3549

SOURCE Organic Valley

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