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Tim R. Wood

Tim R. Wood. President Alabama Agribusiness Council General Manager- Central Alabama Farmers Co-Op. The Status of Agribusiness in Alabama. 1987 Farm Receipts. $1.9 Billion 1. Poultry 950 Million 2. Cattle 304 Million 3. Cotton 123 Million 4. Horticulture 103 Million

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Tim R. Wood

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  1. Tim R. Wood President Alabama Agribusiness Council General Manager- Central Alabama Farmers Co-Op

  2. The Status of Agribusiness in Alabama

  3. 1987 Farm Receipts $1.9 Billion • 1. Poultry 950 Million • 2. Cattle 304 Million • 3. Cotton 123 Million • 4. Horticulture 103 Million • 5. Dairy 69 Million

  4. 2001 Farm Receipts $3.27 Billion • 1. Poultry 2 Billion • 2. Cattle 476 Million • 3. Horticulture 230 Million • 4. Cotton 146 Million • 5. Catfish 82 Million

  5. Agribusiness Provides for 476,000 Jobs 21% of Alabama’s Workforce Contributes of $9 Billion in Annual Earnings

  6. 85% Off Farm Jobs Supplying Farm Production Items Processing Wholesaling and Retailing of Food & Fiber

  7. Agribusiness accounts for more than $43 Billion or 22% of the direct output of Alabama’s economy.

  8. 79% of US consumer Food Dollars goes to Processing and Marketing 21% goes to the producers

  9. Southern States Mississippi Federated Texas Rice Producers Farmland Agway

  10. Dirt to Dinner Slogan of ConAgra

  11. Foreign Imports Nitrogen Imports Phosphate Imports Protein Imports

  12. No demand for supply side of production Agriculture Demand is in Processing, packaging and value added areas

  13. Survivors Those that streamlined Those who diversify Marketing Wildlife- Associated Recreation

  14. Wildlife-Associated Recreation 1.3 Million Participants 626,0000 Hunt and Fish 965,000 Wildlife-Watchers 851,000 Anglers • 610,000 In-State • 241,000 Out of State 423,000 Hunters • 307,000 In-State • 116,000 Out of State

  15. Economic Impact of Hunting and Freshwater Fishing • $2.8 Billion Direct Expenditures from Hunting and Freshwater Fishing • $1.4 Billion Sales tax paid to State of Alabama for Hunting and Fishing • $61.4 Million Number of jobs supported by Hunting and Fishing • 30,661

  16. In Conclusion: Is the status of Agribusiness great?

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