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Farm Bureau Annual Banquet February 22, 2014

SIEDO. Southern Idaho Economic Development Organization. Farm Bureau Annual Banquet February 22, 2014. Agribusiness The Economic Engine of Southern Idaho. SIEDO Farm Bureau Annual Banquet. SIEDO Farm Bureau Annual Banquet. Southern Idaho – America’s Most Diverse Food Basket

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Farm Bureau Annual Banquet February 22, 2014

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  1. SIEDO Southern Idaho Economic Development Organization Farm Bureau Annual Banquet February 22, 2014

  2. AgribusinessThe Economic Engine of Southern Idaho SIEDO Farm Bureau Annual Banquet

  3. SIEDO Farm Bureau Annual Banquet • Southern Idaho – America’s Most Diverse Food Basket • Our Heritage • Our Culture • Our Economic Foundation • Magic Valley 6-county region leads Idaho’s agribusiness sector • Contributes well over half of Idaho’s record of nearly $7.823 billion ag receipts for 2013* • *University of Idaho estimate prepared for Economic Outlook and Revenue Assessment Committee

  4. SIEDO Farm Bureau Annual Banquet Southern Idaho – America’s Most Diverse Food Basket 7 Food Companies in 10 months - $800 million in capital investment & 5,000 jobs (direct and indirect) • 18 categories in top 4in state • Idaho rank: 28 categories in top 13 nationally • Southern Idaho’s concentration of jobs in the food processing cluster is in the top 1/3 of U.S. states • Food Science/R&D: dairy, cheese, wheat, fish, sugar, sugar beets, seeds…

  5. Food Processing Covered Jobs 2012

  6. Crops & Seeds SIEDO Farm Bureau Annual Banquet

  7. Potatoes - Acres planted 2012

  8. Barley– Acres Planted 2013

  9. Alfalfa Hay –Tons Produced 2012

  10. Winter Wheat Acres Harvested 2013

  11. Spring Wheat Acres Harvested 2013

  12. Sugar Beet – Production 2012

  13. Dry Edible Bean Production - 2012

  14. Examples of Crop, Product & Seed Companies in Southern Idaho • Con Agra/Lamb Weston • McCain Foods • Arrowhead Potato Co. • Purely Supreme Foods • Rite Stuff Foods • Amalgamated Sugar • Kelly Bean Co. • Seneca Foods • West Farm Foods • Agrisource • Betaseed • Harris Moran Seed Co. • Seminis • Gentec • Miller Coors/Anhauser Busch • Rangen • Soranco

  15. Dairy & Cheese SIEDO Farm Bureau Annual Banquet

  16. Dairy Cows overtake Beef Cows started in 2006(in thousands)

  17. Milk #4 Nationally Cheese #3 Nationally #1 in Idaho • 875million pounds of cheese produced in 2013 • Over 1,000 cheese processing workers in south central Idaho

  18. 2012 Top Cheese Producers

  19. Examples of Dairy Manufacturers • Chobani Greek Yogurt • Glanbia Foods • Jerome Cheese • Brewster Cheese • Gossner Foods • Darigold • Idaho Milk Products • Calva Products • High Desert Milk • Magic Valley Quality Milk Producers • Cloverleaf Creamery • Ballard Cheese • Commercial Creamery • Meadow Gold Dairy

  20. Fish SIEDO Farm Bureau Annual Banquet

  21. Trout#1 Nationally and #1 State • South central Idaho accounts for 77% of the food size trout pounds sold nationally. • Spring water is the key to the success of producing and marketing this mainstay of both hunting lodges and fine dining establishments—the aquifer provides a constant 58 degrees and pristine spring water for the trout producers. • Clear Springs Foods produced approximately 25 million pounds of trout in 2013 growing 13.6 percent from 2012. Its competition is global and growth can be attributed to the acquisition of two surrounding trout farms over the last year.

  22. More Diversity • Tilapia – Year-round geothermal supply of 90-95 degrees surface water • Caviar – US Dept of Ag $300,00 grant to promote nationwide - Sturgeon (must be 10-15 years old to produce eggs) Sells for $28.40/oz wholesale and $100/oz retail • Tropical Fish – Over 60 species spawned, raised, sold and distributed in Southern Idaho • Bull Frogs – Used for laboratory research purposes, Rana Ranch has been in operation since 1994 and an estimated 6,000 bull frogs are sold annually • Key region for fish and aquaculture R&D

  23. Examples of Fish/Aquaculture • Clear Springs Food • Fish Breeders • Silver Creek Farms • SeaPac • Rangen • Affordable Caviar • Canyon Springs Farm • Rana Ranch Bullfrogs

  24. Livestock SIEDO Farm Bureau Annual Banquet

  25. Cattle and Calves 2013 (head)

  26. Sheep and Lamb – 2013 head State Herd 235K

  27. Pork Processing • #1 in Idaho • Independent Meat - Largest Independent Pork Processor in Intermountain West • Processes 590 head on average daily • Full line of branded meat products sold in intermountain west and the Pacific Rim

  28. Examples of Livestock Manufacturers & Processors • Independent Meat • Carlin Inc. • Hy-Line (laying chicks) • Allan Ward 7 Brothers Meats • Dale T. Smith & Sons Meat Packing

  29. Honey & Mink SIEDO Farm Bureau Annual Banquet

  30. Honey Bee Hives

  31. Mink Farming by Pelt Production 2010#5 Nationally - # 1 in Idaho • Seven different mink farms in south central Idaho • Farms production primarily exports to China, Russia, Greece and Korea • Smaller operators sell to North American Fur who tan and market pelts • The U.S. ranks 6th globally after Denmark, China, Netherlands, Poland and CIS/Baltics • Average 2011 pelt price in the U.S. was $94.30 • Almost 251,500 pelts produced in Idaho, 2009 USDA NASS

  32. Examples of Mink & Honey Manufacturers/Processors • Moyle Mink & Tannery • Belliston Bros. Apiaries • B&B Apiaries • Morts Apiaries • Tubbs Berry Farm

  33. In Summary • Southern Idaho Rank • Idaho and National • 18 categories in top 4in state • 28 categories in top 13 nationally

  34. Ag Support Industries SIEDO Farm Bureau Annual Banquet

  35. Ag Support Industries • Research/Development • Warehouse • Transportation • Trucking • Equip. Manufacturers • Alternative Energy • Rail • Packaging • Fertilizer & Feed • Air Service • Distribution

  36. Examples of Ag Support Companies • Glanbia Research • Amalgamated Research • Rangen • Clear Springs Research • Henningsen Cold Storage • WOW Company • WEL Companies • Transystems • Packaging Specialties • Cargill • Standlee Hay • Boise Cascade • Ameri Cold • DOT Foods • Eastern Railroad – WATCO • Longview Fiber

  37. Regional Economic Impact SIEDO Farm Bureau Annual Banquet

  38. University of Idaho Ag Updateby Steve Hines, Joel Packham & Garth Taylor, 2012 • One of every three jobs is directly or indirectly related to agriculture in south-central Idaho. • One of every three $1 dollar sales are directly or indirectly related to agriculture. • “Fifty-four percent of the farm gate receipts in the state come from the six counties in the Magic Valley,” said Steve Hines, UI extension educator in Jerome County. In other words, more than half of the state’s farm income of $7.82 billion in 2013 was generated in Jerome, Twin Falls, Gooding, Minidoka, Cassia and Lincoln counties. This continues to be the case into 2013 confirmed by Steve Hines due to the favorable pricing/value and yields of the dairy industry in spite of production being flat in 2013.

  39. Regional Agribusiness Job Impact

  40. RegionalAgribusiness Economic Impact

  41. THANK YOU! SIEDO Farm Bureau Annual Banquet

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