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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 . 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

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  1. THE IMPORTANCE OF AGRIBUSINESS TO THE BI-STATE ECONOMY Prepared by the St. Louis Agribusiness Club October, 2004

  2. 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Population Prospects: The 1994 Revision; U.S. Census Bureau, International Programs Center, International Data Base and unpublished tables.

  3. 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

  4. 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

  5. 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

  6. The Bi-State Region is the Center of American Agriculture

  7. METROPOLITIAN STATISTICAL AREA Franklin Jefferson Lincoln St. Charles St. Louis Warren Clinton Jersey Madison Monroe St. Clair

  8. 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

  9. 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

  10. 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)

  11. 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

  12. 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

  13. 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)

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

  15. NOT ACCOUNTED FOR ON THE STUDY WERE: • Ag Service Companies such as: • Advertising • Communications • Law • Accounting • Finances • Real estate

  16. 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)

  17. 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

  18. THE IMPORTANCE OF AGRIBUSINESS TO THE BI-STATE ECONOMY Prepared by the St. Louis Agribusiness Club October, 2004

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