prepared by the st louis agribusiness club october 2004
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THE IMPORTANCE OF AGRIBUSINESS TO THE BI-STATE ECONOMY. Prepared by the St. Louis Agribusiness Club October, 2004. AN OVERVIEW OF AGRICULTURE. Planet Earth is home to 6.3 billion people* Experts say by the year 2050 , our planet will have a population of 9 billion *

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prepared by the st louis agribusiness club october 2004

THE IMPORTANCE OF

AGRIBUSINESS TO THE BI-STATE ECONOMY

Prepared by the St. Louis Agribusiness Club

October, 2004

an overview of agriculture
AN OVERVIEW OF AGRICULTURE
  • Planet Earth is home to 6.3 billion people*
  • Experts say by the year 2050, our planet will have a population of 9 billion*
  • Feeding the world\'s population will be the responsibility of an efficient and productive agriculture

*Source: United Nations, World Population Prospects: The 1994 Revision; U.S. Census Bureau, International Programs Center, International Data Base and unpublished tables.

an overview of agriculture con t
AN OVERVIEW OF AGRICULTURE … con’t
  • In the 1940s, one farmer supplied 19 persons in the United States and abroad*
  • Now, one farmer supplies food for 135 people - 97 in this country and 32 abroad* 

*Source: USDA Economic Research Service

what is agribusiness according to the agribusiness council of america
WHAT IS AGRIBUSINESS?(according to the Agribusiness Council of America)

Agribusiness– is a broad term which encompasses all aspects of agricultural production, processing and distribution.

This includes:

  • Agribusiness/farm management
  • Food, forest and fiber production - their

bi-product utilization

  • Agricultural chemicals and pharmaceuticals
agribusiness con t
Agribusiness … con’t
  • Agricultural finance and trade
  • Farm management
  • Agro-environmental considerations
  • Land development
  • In short, all of the major elements essential to the establishment and operation of efficient agro-food enterprises
metropolitian statistical area
METROPOLITIAN STATISTICAL AREA

Franklin

Jefferson

Lincoln

St. Charles

St. Louis

Warren

Clinton

Jersey

Madison

Monroe

St. Clair

land in farms acres
LAND IN FARMS (acres)
  • 2,213,337

ACRES

Land in farms is defined as all land operated by farms during the year. It includes crop and livestock acreage, wasteland, woodland, pasture, land in summer fallow, idle cropland, and land enrolled in the Conservation Reserve Program and other set aside or commodity acreage programs.

Source: 11 County (IL & MO) TOTAL. 2002 Census of Agriculture, USDA-NASS

number of farms in the bi state
NUMBER OF FARMS IN THE BI-STATE
  • 9,365
  • 248 Acres (avg. size of farm)

A farm is defined as any establishment from which $1,000 or more of agricultural products were sold or would normally be sold during the year. An operation with one or more horses, Christmas tree farms and farms that were wholly enrolled in the Conservation Reserve Program were included in the Census farm count. Two new industries, maple syrup and short rotation woody crop farms, were also added.

Source: 11 County (IL & MO) TOTAL. 2002 Census of Agriculture, USDA-NASS

river transportation
RIVER TRANSPORTATION
  • More than 75 percent of U.S. soybean exports move to world ports via the Upper Mississippi and Illinois River systems.*
  • Barge movement on

the Mississippi River**

Corn: 29,898 TONS

Soybeans: 9,146 TONS

*Source: 2002 – Soybean Expansion Program, American Soybean Association

**YTD (year-to-date) and calendar year total includes Miss/27, Ohio/52, and Ark/1. Source: U.S. Army Corp of Engineers (www.mvr.usace.army.mil/mvrimi/omni/webrpts/default.asp)

market value of
MARKET VALUE OF . . .
  • Agricultural Products Sold*
  • Crops*
  • Livestock, Poultry and Their Products*
  • $542,209,000
  • $329,204,000
  • $213,005,000

* $1,000 or more

Source: 11 County (IL & MO) TOTAL. 2002 Census of Agriculture, USDA-NASS* Also includes the sum of values for commodities withheld in county statistics to avoid disclosing data for individual farms

value of ag commodities in the bi state area millions

Poultry

Beef Cattle

Fruits, Vegetables

$9.4

Other

$43.0

$62.0

Corn

Dairy

$45.0

Nursery

$258

VALUE OF AG COMMODITIES IN THE BI-STATE AREA(millions)

$11.0

(horses, sheep, goats, Christmas trees, organic, misc. crops)

$44.0

Hogs

$542 Million

Total

Soybeans

$70.0

slide13

TOTAL AGRIBUSINESS OUPUT

$23 BILLION

12% of the total economic output for the bi-state area

Sources: 2002 Ag Census, 1997 Economic Census, Individual Corporations, St. Louis Regional Chamber and Growth Association (RCGA)

output by segment
OUTPUT BY SEGMENT

Sources: 2002 Ag Census, 1997 Economic Census, Individual Corporations, St. Louis Regional Chamber and Growth Association (RCGA)

not accounted for on the study were
NOT ACCOUNTED FOR ON THE STUDY WERE:
  • Ag Service Companies such as:
  • Advertising
  • Communications
  • Law
  • Accounting
  • Finances
  • Real estate
agricultural service companies
AGRICULTURALSERVICE COMPANIES…

We’re Ranked 12 out of the Top 20 Fastest Growing industries*

Employment Projected to Increase 35 Percent by 2008 Compared to 1998

*Source: St. Louis Regional Chamber and Growth Association (RCGA)

agribusiness means jobs for the bi state
AGRIBUSINESS MEANS JOBS FOR THE BI-STATE

330,317 JOBS

20% of workforce

Principal Farm Operators 13,713

Hired Farm Labor 6,734

Total on Farm Employment 20,447

(RIMS II Multiplier 16.1548)

Sources: 2002 Ag Census and U.S. Department of Commerce

prepared by the st louis agribusiness club october 20041

THE IMPORTANCE OF

AGRIBUSINESS TO THE BI-STATE ECONOMY

Prepared by the St. Louis Agribusiness Club

October, 2004

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