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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
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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Population Prospects: The 1994 Revision; U.S. Census Bureau, International Programs Center, International Data Base and unpublished tables.
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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
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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 ACCORDING TO THE AGRIBUSINESS COUNCIL OF AMERICA, AGRIBUSINESS IS A BROAD TERM WHICH EMCOMPASSES ALL ASPECTS OF AGRICULTURAL PRODUCTION, PROCESSING AND DISTRIBUTION. THIS INCLUDES : Agricultural equipment Agricultural inputs Ag Services Advertising Biotechnology Chemicals Conservation
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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 Environmental technology Fiber production Finance Food and beverage manufacturing Food production Forest Land Management Marketing Research Trade Transportation And in St. Louis, agribusiness is a vital part of the economy that is important not only on the local level, but on a national and even international scale as well.
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The Bi-State Region is the Center of American Agriculture
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METROPOLITIAN STATISTICAL AREA
THE IMPACT OF AGRIBUSINESS ON EMPLOYMENT IN THE ST. LOUIS AREA IS ALSO SIGNIFICANT – IN FACT ACCOUNTING FOR AT LEAST ONE OUT OF EVERY FIVE JOBS IN THE REGION. Franklin Jefferson Lincoln St. Charles St. Louis Warren Clinton Jersey Madison Monroe St. Clair
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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 Census of Agriculture, USDA-NASS
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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 Census of Agriculture, USDA-NASS
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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: – 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 (
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MARKET VALUE OF . . . Agricultural Products Sold* $542,209,000 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 Census of Agriculture, USDA-NASS* Also includes the sum of values for commodities withheld in county statistics to avoid disclosing data for individual farms
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VALUE OF AG COMMODITIES IN THE BI-STATE AREA (millions)
Fruits, Vegetables Poultry Beef Cattle Nursery Dairy Corn Other $258 $62.0 $43.0 $45.0 $9.4 $11.0 (horses, sheep, goats, Christmas trees, organic, misc. crops) $44.0 Hogs $542 Million Total Soybeans $70.0
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12% of the total economic output for the bi-state area
TOTAL AGRIBUSINESS OUPUT $23 BILLION 12% of the total economic output for the bi-state area Sources: Ag Census, 1997 Economic Census, Individual Corporations, St. Louis Regional Chamber and Growth Association (RCGA)
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OUTPUT BY SEGMENT Examples of Output Segments Beverage Mfg.: Anheuser-Busch – Fortune 500 Company – ag research for new strains of barley, rice, etc. Owns and operates barley elevators and barley processing plants. Ag Inputs: Monsanto Company – Fortune 500 Company – Ag products include Seed, Insect and Weed Control and Biotechnology. Also has a Lawn and Garden business. Pet Food Mfg.: Nestle-Purina Petcare Co. – World’s largest petcare mfg. Also operates Purina Farms and feed for specialty livestock. Food Mfg.: Includes bakery products, pastas, meat processing, milk and dairy, sugar and confectionery. Production Ag: Includes corn, soybeans, nursery’s, greenhouses, hogs, dairy, beef cattle, fruits, vegetables, poultry and eggs, specialty crops (such as Christmas Trees), specialty livestock (such as goats, exotic animals) Ag Biotech: Life and Plants Sciences “cluster” which includes – drugs, industrial chemicals, research, development, education and testing. St. Louis is now being called the “BioBelt” because so many biotech companies are in the bi-state region. Other: Includes farm machinery, equipment dealers, food processing and machinery, trucking and commodity organizations. Sources: Ag Census, 1997 Economic Census, Individual Corporations, St. Louis Regional Chamber and Growth Association (RCGA)
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NOT ACCOUNTED FOR ON THE STUDY WERE:
Ag Service Companies such as: Advertising Communications Law Accounting Finances Real estate Not accounted for on the study are: Ag Service Companies such as: Advertising Communications Law Accounting Finances Real estate
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AGRICULTURAL SERVICE COMPANIES…
We’re Ranked 12 out of the Top 20 Fastest Growing industries* Employment Projected to Increase 35 Percent by 2008 Compared to 1998 Not accounted for on the study are: Ag Service Companies such as: Advertising Communications Law Accounting Finances Real estate *Source: St. Louis Regional Chamber and Growth Association (RCGA)
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AGRIBUSINESS MEANS JOBS FOR THE BI-STATE
Principal Farm Operators 13,713 Hired Farm Labor ,734 Total on Farm Employment 20,447 (RIMS II Multiplier ) 330,317 JOBS 20% of workforce Sources: Ag Census and U.S. Department of Commerce
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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
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