Ralph Hofstad was the son of Methodist minister, and in his youth he had to decide between pursuing the ministry or a business career. He chose business, eventually becoming CEO of the farmer-owned dairy and agricultural cooperative Land O'Lakes, but faith, ministry and mission were integral to his leadership style.
Hofstad died Aug. 25 at age 90.
He was known as a visionary leader among cooperative organizations, pushing the capabilities of what had generally been state- and regional-bound organizations to global enterprises that help feed the world. In 1992, he was inducted into the Cooperative Hall of Fame.
Hofstad was president and CEO of Land O'Lakes from 1974 to 1989. During his tenure, he strengthened the company's feed, seed and agronomy operations and led successful mergers of Midland Cooperatives and Lake to Lake Dairy Cooperative and a joint venture with Cenex. Sales at Land O'Lakes tripled while he was at the helm.
Hofstad was born Nov. 13, 1923, in Philadelphia, the son of Amelia and Ottar Hofstad, a minister in the United Methodist Church.
Ralph Hofstad attended Hamline University in St. Paul before enrolling in the Navy, serving from July 1943 to July 1946. He married his wife, Adeline, in 1947 and graduated from Northwestern University in 1948.
In 1948 he began his career at Illinois Farm Supply Co. By 1965 he had risen to president of FELCO (Farmers Regional Cooperative of Iowa), and in 1970 he helped engineer the merger between FELCO and Land O'Lakes.
He became senior vice president of ag supplies and services of Land O'Lakes after the merger, and eventually CEO. Hofstad was CEO when Land O'Lakes established its international development division in 1981. According to a company statement, "The division continues to positively impact the lives of farmers and entrepreneurs around the world and, to date, has managed agricultural development projects in about 80 countries."