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 Poultry950 Million Cattle304 Million Cotton123 Million Horticulture 103 Million Dairy 69 Million

2001 Farm Receipts $3.27 Billion Poultry 2 Billion Cattle 476 Million Horticulture230 Million Cotton 146 Million Catfish 82 Million

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

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

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

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

Southern States Mississippi Federated Texas Rice Producers FarmlandAgway

Dirt to Dinner Slogan of ConAgra

Foreign Imports Nitrogen Imports Phosphate Imports Protein Imports

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

Survivors Those that streamlined Those who diversify Marketing 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

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

In Conclusion: Is the status of Agribusiness great?