Financial statements for U.S. dairy cooperatives in 1997 are presented. The nation's dairy cooperatives were categorized into six groups based on their primary function (bargaining-only, bargaining-balancing, hard-product manufacturing, branded-cheese, fluid processing and diversified) and according to size (common-size and per-cwt of milk), as well a financial ratios, were developed for U.S. dairy cooperatives by type and by type and size