2015 ILLINOIS AGRICULTURE ECONOMIC CONTRIBUTION STUDY. Illinois Farm Bureau Commodities Conference
|
|
- Martin Charles
- 7 years ago
- Views:
Transcription
1 2015 ILLINOIS AGRICULTURE ECONOMIC CONTRIBUTION STUDY Illinois Farm Bureau Commodities Conference
2 ILLINOIS AGRICULTURE Illinois is currently ranked the #2 state in the nation for: Corn for grain Soybeans for beans Value of Sales by Commodity Group ($1000): grains, oilseeds, dry beans, dry peas In the top 5 for: Market Value of Agriculture Products Sold: Crops, including nursery and greenhouse Hogs and Pigs Sold Hogs and Pigs Inventory
3 Number of Illinois Farms 75,087 76,860 73,027 79,112 Average Illinois Farm Size (acres) Production (million bushels) Corn for Grain 1, , , ,372.4 Oats for Grain Soybeans Wheat Market Value (per farm) Land and Buildings ($1,000) $2,261.8 $1,321.1 $913.3 $736.3 Machinery and Equipment ($1,000) $203.2 $136.6 $102.2 $86.7 Farm Products Sold ($1,000) $228.9 $173.4 $105.1 $109.1 Livestock Inventory (thous head) Cattle and Calves 1, , , ,512.9 Beef Cows Milk Cows Hogs and Pigs 4, , , ,677.2 Laying Chickens 4, , , ,540.1 Broilers Turkeys ,089.8 Livestock Sold Cattle and Calves Sold (thous head) ,007.8 Hogs and Pigs Sold (thous head) 13, , , ,390.3
4
5 ILLINOIS AGRICULTURE 97% of Illinois farms are family owned.
6 ILLINOIS AGRICULTURE Illinois Net Farm Income has increased over time Value of Crop and Livestock have tracked together since at least 2007 Most of Illinois Value of Production is from crops
7 ILLINOIS AGRICULTURE Illinois Agriculture s share of Gross State Product has been approximately 3% since 2008, up slightly from the early 2000s.
8 ILLINOIS AGRICULTURE
9
10 ILLINOIS AGRICULTURE Illinois sales/farm have increased 118% since 2002 Share of sales has continued to shift toward crops since 2002: 76.5% in 2002 versus 82.3% in 2012
11 BACKGROUND Discussions for Illinois project began in early 2014 Work commenced in late 2014 Methodology patterned after: Iowa 2005 by Iowa State University 2009 and 2014 by DIS South Dakota 2014 by DIS
12 BACKGROUND Illinois analysis utilized the following data/software packages IMPLAN Modeling System 2012 data package for counties, congressional districts, and State of Illinois 2012 USDA Census of Agriculture Statistical Analysis System (SAS) Microsoft Excel 2013
13 BRIEF METHODOLOGY Aggregated Agriculture & Other Sector Analysis Crops Oilseed Farming, Grain Farming, Vegetable and Melon Farming, Greenhouse, Nursery, and Floriculture Production, Forest Nurseries, Forest Products, and Timber Tracts, Logging, Flour Milling and Malt Manufacturing, Wet Corn Milling, Soybean and Other Oilseed Processing, and Fruit and Vegetable Canning, Pickling, and Drying. Livestock Cattle Ranching and Farming, Dairy Cattle and Milk Production, Poultry and Egg Production, Animal Production (Except Cattle and Poultry and Eggs (Hogs)), Fishing, Hunting and Trapping, Fluid Milk and Butter Manufacturing, Cheese Manufacturing, Animal (Except Poultry) Slaughtering, Rendering, and Processing, and Poultry Processing
14 BRIEF METHODOLOGY Aggregated Agriculture & Other Sector Analysis Other Agriculture Support Activities for Agriculture and Forestry, Other Animal Food Manufacturing, Fats and Oils Refining and Blending, Breakfast Cereal Manufacturing, Frozen Food Manufacturing, Fertilizer Manufacturing, Pesticide and Other Ag Chemical Manufacturing, Farm Machinery and Equipment Manufacturing, and Veterinary Services Non-Agricultural Sectors Construction, Entertainment, Financial, Government, Households, Information, Manufacturing, Mining, Remainder (all IMPLAN sectors not included elsewhere), Retail, Services, Transportation, Utilities, and Wholesale
15 BRIEF METHODOLOGY Detailed Agriculture & Other Sector Analysis Oilseeds Grains Other Crops Cattle Dairy Poultry Hogs Other Livestock Ag Support Primary Food Processing Crops Primary Food Processing Dairy Primary Food Processing Meat Animal and Pet Foods Other Food Processing Ag Chemical and Fertilizer Farm Machinery Non-Agriculture
16 STATE HIGHLIGHTS Total Agriculture accounts for $120.9 billion in output, or 9.6% of Illinois total
17 STATE HIGHLIGHTS Total Agriculture accounts for nearly 433,000 jobs, or one in every seventeen Illinois jobs
18 STATE HIGHLIGHTS Total Agriculture contributes $48.4 billion or 6.7 percent of the state s value-added
19 STATE HIGHLIGHTS Total Agriculture contributes $28.8 billion or 4.6 percent of the state s household income
20 STATE HIGHLIGHTS, DETAILED AGRICULTURE
21 STATE HIGHLIGHTS, DETAILED AGRICULTURE
22 STATE HIGHLIGHTS, DETAILED AGRICULTURE
23 STATE HIGHLIGHTS, DETAILED AGRICULTURE
24 STATE HIGHLIGHTS, DETAILED AGRICULTURE
25 COUNTY HIGHLIGHTS 24 of Illinois counties derive at least one third of their total output from agriculture and agriculture-related industries. 12 of Illinois counties derive at least one fifth of their total jobs from agriculture and agriculture-related industries.
26 COUNTY HIGHLIGHTS, AGGREGATED AGRICULTURE
27
28
29 COUNTY HIGHLIGHTS, AGGREGATED AGRICULTURE
30
31
32 COUNTY HIGHLIGHTS, AGGREGATED AGRICULTURE
33
34
35 CONGRESSIONAL DISTRICT HIGHLIGHTS 6 of Illinois congressional districts derive at least 15% of their total output from agriculture and agriculture-related industries. 5 of Illinois congressional districts derive at least 10% of their total jobs from agriculture and agriculture-related industries. 6 of Illinois congressional districts derive at least 10% of their total value-added from agriculture and agriculture-related industries. 5 of Illinois congressional districts derive at least 5% of their household income from agriculture and agriculture-related industries.
36 CONGRESSIONAL DISTRICT HIGHLIGHTS, AGGREGATED AGRICULTURE
37
38
39
40
41 CONGRESSIONAL DISTRICT HIGHLIGHTS, AGGREGATED AGRICULTURE
42
43
44
45
46 CONGRESSIONAL DISTRICT HIGHLIGHTS, AGGREGATED AGRICULTURE
47
48
49
50
51 MULTIPLIERS Multipliers quantify the additional economic activity directly generated from a given industry. In Illinois, for every million direct dollars generated by the Total Agriculture industry the following additional activity is estimated in other industries: $904K in Output 6.9 jobs In Illinois, for every million direct dollars generated by the Livestock industry the following additional activity is estimated in other industries: $804K in Output 6.7 jobs
52 MULTIPLIERS In Illinois, for every million direct dollars generated by the Crops industry the following additional activity is estimated in other industries: $1.096M in Output 7.3 jobs In Illinois, for every million direct dollars generated by the Other Agriculture industry the following additional activity is estimated in other industries: $811K in Output 6.6 jobs
53 THREE-STATE COMPARISON Similar studies have now been completed in three Midwestern states Illinois Iowa South Dakota Output $120.9 billion $112.2 billion $25.6 billion % of total output 9.6% 33.3% 30.5% Jobs 432, , ,651 % of Jobs 5.9% 21.0% 20.2% Value-Added $48.4 billion $39.8 billion $8.9 billion % of VA 6.7% 24.4% 21.3% Household Income $28.8 billion $24.3 billion $7.7 billion % of HH 4.6% 17.0% 19.0%
54 CONCLUSIONS Agriculture is a critical component of Illinois overall economic well-being Illinois agriculture is connected to a large set of integrated industries Farm production in Illinois continues to change Illinois has an agricultural resource base that grows with the overall economy Illinois agricultural base has room for continued growth
ECONOMIC CONTRIBUTION OF NORTH CAROLINA AGRICULTURE AND AGRIBUSINESS
ECONOMIC CONTRIBUTION OF NORTH CAROLINA AGRICULTURE AND AGRIBUSINESS $76 BILLION Agriculture and Agribusiness, including the farming, processing, wholesaling and retailing of food, natural fiber and forestry
More informationThe 2010 Economic Impact of the Nebraska Agricultural Production Complex
Department of Agricultural Economics June 2012 Report No.192 The 2010 Economic Impact of the Nebraska Agricultural Production Complex by Eric Thompson Bruce Johnson Anil Giri The University of Nebraska
More information298,320 3,041 107,825. Missouri Economic Research Brief FARM AND AGRIBUSINESS. Employment. Number of Agribusinesses.
Missouri Economic Research Brief FARM AND AGRIBUSINESS Missouri s Farm and Agribusiness Missouri s farm and agribusiness sectors include crops, livestock, industries supporting farm production and farm-related
More informationFarm Credit s Mission to serve Young, Beginning, and Small Farmers. New loans made in 2010 to: Young: $7.3 billion Beginning: $10.
Farming s Future: The Next Generation Gary Matteson, Farm Credit Council VP Young, Beginning, Small Farmer Programs and Outreach Looking to the Future must know where beginning farmers are what beginning
More informationMissouri Soybean Economic Impact Report
Missouri Soybean Economic Report State Analysis March 2014 The following soybean economic impact values were estimated by Value Ag, LLC, as part of a Missouri Soybean Merchandising Council funded project.
More informationTennessee Agricultural Production and Rural Infrastructure
Tennessee Trends in Agricultural Production and Infrastructure Highlights - In many states the percentage of the state population designated by the U.S. Census Bureau as living in rural areas has declined,
More informationSTATISTICAL PROFILE OF CAPE BRETON. Prepared By: Nova Scotia Federation of Agriculture
STATISTICAL PROFILE OF CAPE BRETON Prepared By: Nova Scotia Federation of Agriculture 1.0 Introduction Agriculture in the Local Economy Agriculture in Cape Breton is characterized by a diversity of farm
More informationFarms, Farmers and Agriculture in Ontario an overview of the situation in 2011 by the National Farmers Union, May 2011
Farms, Farmers and Agriculture in Ontario an overview of the situation in 2011 by the National Farmers Union, May 2011 The National Farmers Union (NFU) is a direct-membership, non-partisan national farm
More informationValue-Added Agriculture in Tennessee: A Summary of 2012 Census Results December 2014 SP 769
Value-Added Agriculture in Tennessee: A Summary of 2012 Census Results December 2014 SP 769 Authors Rob Holland Director Center for Profitable Agriculture Megan Bruch Leffew Extension Specialist Center
More informationNew England Cash Receipts 2012
New England Cash Receipts 2012 December 15, 2013 2012 Farm Cash Receipts down 2 percent in New England New England cash receipts from farm marketings totaled $2.702 billion in 2012, a decrease of $67 million
More informationStatistical Profile of Lunenburg County
Statistical Profile of Lunenburg County Prepared by the Nova Scotia Federation of Agriculture 1 Contents 1.0 Introduction... 2 Agriculture in the Local Economy... 2 2.0 Population and Population Change...
More informationIssues In Agriculture
Issues In Agriculture John Stulp, Commissioner of Agriculture November, 2010 Colorado Department of Agriculture CDA is charged with: Strengthening and advancing Colorado s agriculture industry; Ensuring
More informationManaging Specialty Crop Risk in North Carolina: A Working Paper
Managing Specialty Crop Risk in North Carolina: A Working Paper James Robinson, Research & Policy Associate, RAFI Scott Marlow, Executive Director, RAFI Michelle Madeley, MPH-MCRP Candidate, UNC Chapel
More informationAgricultural Production and Research in Heilongjiang Province, China. Jiang Enchen. Professor, Department of Agricultural Engineering, Northeast
1 Agricultural Production and Research in Heilongjiang Province, China Jiang Enchen Professor, Department of Agricultural Engineering, Northeast Agricultural University, Harbin, China. Post code: 150030
More informationTHE PREPARATION. SUPPLY/UTILIZATION ACCOUNTS (SUAs)
THE PREPARATION OF SUPPLY/UTILIZATION ACCOUNTS (SUAs) I. INTRODUCTION The statistical framework of SUAs has been developed with the aim of providing a useful statistical tool for the preparation, conduct
More informationAppendix A: Glossary
Appendix A: Glossary Acreage class - a structural indicator of farm size based on acres operated. The five acreage classes generally used in this report are: 1-49 acres, 50-179 acres, 180-499 acres, 500-999
More informationAGRICULTURE CREDIT CORPORATION CASH WHEN YOU NEED IT MOST
AGRICULTURE CREDIT CORPORATION CASH WHEN YOU NEED IT MOST OVERVIEW 1) Observations on Farm Debt in Canada 2) Overview of the APP and Changes 3) Overview of the Commodity Loan Program (CLP) 90000000 Total
More informationTotal Income from Farming in the United Kingdom. First estimate for 2015
28 April 2016 Total Income from Farming in the United Kingdom First estimate for 2015 This release presents the first estimate of Total Income from Farming for the United Kingdom for 2015. Total Income
More informationWALLOON AGRICULTURE IN FIGURES
WALLOON AGRICULTURE IN FIGURES Update : February 2014 Warning : The sample s definition of the GDSIE s census has changed since 2011. Therefore, great caution is required in interpreting evolutions observed
More informationU.S. Farm Policy: Overview and Farm Bill Update. Jason Hafemeister 12 June 2014. Office of the Chief Economist. Trade Bureau
U.S. Farm Policy: Office of the Chief Economist Trade Bureau Overview and Farm Bill Update Jason Hafemeister 12 June 2014 Agenda Background on U.S. Agriculture area, output, inputs, income Key Elements
More informationJune 30, 2009. The Honorable Charles E. Grassley United States Senate
United States Government Accountability Office Washington, DC 20548 June 30, 2009 The Honorable Herb Kohl Chairman Subcommittee on Antitrust, Competition Policy and Consumer Rights Committee on the Judiciary
More informationThe 20% Shift. The Economic Benefits of Food Localization for Michigan and The Capital Required to Realize Them. By Michael H. Shuman.
The 20% Shift The Economic Benefits of Food Localization for Michigan and The Capital Required to Realize Them By Michael H. Shuman May 2013 Sponsor: Fair Food Network For Further Information, Contact:
More informationAGRIBUSINESS MANAGEMENT
AGRIBUSINESS MANAGEMENT Accounting Accounting Consultant Agricultural Loan Officer Cattle Buyer Commodities Broker Computer Specialist Consumer Information Specialist Economist Elevator Operator/Manager
More information3.2 Extent of food losses and waste
4 3. Extent of food losses and waste 3.1 Food volumes produced Figure 1 illustrates the 2007 production volumes of all commodity groups in their primary form, including animal feed products (which are
More informationMember States Factsheets I T A L Y CONTENTS. Main figures - Year 2014 59 685 227 inhabitants Area 302 069 km 2
January 2015 Member States Factsheets I T A L Y CONTENTS Main figures 2014 1. KEY DATA 2. POPULATION & ECONOMY 3. FINANCIAL ASPECTS 4. ECONOMIC ACCOUNTS 5. AGRICULTURAL TRADE 6. FARM STRUCTURE 1 2 3 4-5
More informationAIC Farm Bill Brief #1
University of California July 2007 Agricultural Issues Center AIC Farm Bill Brief #1 The Farm Bill and California Food and Agriculture* Daniel A. Sumner** Every five years or so the United States reconsiders
More informationMember States Factsheets I R E L A N D CONTENTS. Main figures - Year 2014 4 591 087 inhabitants Area 69 798 km 2
January 2015 Member States Factsheets I R E L A N D CONTENTS Main figures 2014 1. KEY DATA 2. POPULATION & ECONOMY 3. FINANCIAL ASPECTS 4. ECONOMIC ACCOUNTS 5. AGRICULTURAL TRADE 6. FARM STRUCTURE 1 2
More informationFarm Tax Record Book SAMPLE
Farm Tax Record Book TABLE OF CONTENTS Farm Receipts... Milk Sales and Deductions Worksheet... Government Payments Worksheet... Commodity Certificates... Sale of Livestock Worksheet... Farm Expenses...0
More informationBiological assets Agricultural produce Products that are the result of processing after harvest
International Accounting Standard 41 Agriculture Objective The objective of this Standard is to prescribe the accounting treatment and disclosures related to agricultural activity. Scope 1 This Standard
More informationProPartners Financial Application Cover Page Please fax to 651-282-7861 with application
Loan Information: ProPartners Financial Application Cover Page Please fax to 651-282-7861 with application Applicant Name: Requested Amount Dealer Buy Down - % Dealer Add-On + % (Buy-down and add-on are
More informationHow much financing will your farm business
Twelve Steps to Ag Decision Maker Cash Flow Budgeting File C3-15 How much financing will your farm business require this year? When will money be needed and from where will it come? A little advance planning
More informationAgricultural Balance Sheet (Financial Statement)
Agricultural Balance Sheet (Financial Statement) This form can be used as a guide to collect information for an annual financial statement or for an application for credit. If you are using the Adobe PDF
More informationDivision A AGRICULTURE AND FORESTRY
Division A AGRICULTURE AND FORESTRY Overview of the Division This Division comprises establishments engaged in crop farming agriculture, livestock breeding agriculture (including poultry raising, beekeeping,
More informationMap 1. Average Dollar Value of Agricultural Products Sold per Farm
Profiles: Government Farm Payments and Other Government Transfer Payments in the United States Iowa State University Department of Economics Authors: Liesl Eathington, Research Associate Dave Swenson,
More informationTuscarawas County. Presented by The Ohio State University Department of Human and Community Resource Development
Tuscarawas County Presented by The Ohio State University Department of Human and Community Resource Development Acknowledgements Primary support for this project comes from Ohio State University Extension
More informationU.S. Farm Income. Randy Schnepf Specialist in Agricultural Policy. February 28, 2014. Congressional Research Service 7-5700 www.crs.
Randy Schnepf Specialist in Agricultural Policy February 28, 2014 Congressional Research Service 7-5700 www.crs.gov R40152 Summary According to USDA s Economic Research Service (ERS), national net farm
More informationContents. Acknowledgements... iv. Source of Data...v
Kentucky Farm Business Management Program Annual Summary Data: Kentucky Grain Farms - 2011 Agricultural Economics Extension No. 2012-17 June 2012 By: Amanda R. Jenkins Michael C. Forsythe University of
More informationLong-Term Ag. Outlook Webinar October 30, 2015
Long-Term Ag. Outlook Webinar October 30, 2015 email your ques-ons to jmintert@purdue.edu Long-Term Ag. Outlook Webinar October 30, 2015 The State of the Agricultural Economy Short-run: The Farm Boom is
More informationOutlook for the 2013 U.S. Farm Economy
Outlook for the 213 U.S. Farm Economy Kevin Patrick Farm and Rural Business Branch Resource and Rural Economics Division Highlights Net farm income in 213 forecast: $128.2 billion Net cash income in 213
More informationAgriculture: occupational employment and wages
ARTICLE JULY 2014 Agriculture: occupational employment and wages Since the founding of the Occupational Employment Statistics (OES) program, almost all the agriculture, forestry, fishing, and hunting sector
More informationOntario Agri Business Association Economic Impact Analysis Executive Summary
Ontario Agri Business Association Economic Impact Analysis Executive Summary Prepared by: MNP LLP October, 2013 INTRODUCTION The Ontario Agri Business Association (OABA) commissioned MNP LLP (MNP) to carry
More informationDietary Sources of Iron in Uganda
Dietary Sources of Iron in Uganda Data from the 2009/2010 Uganda National Panel Survey Jack Fiedler, Leanne Dougherty, Celeste Sununtnasuk Uganda National Panel Survey 2009/10 UNPS A national survey representative
More informationCharacteristics of Women Farm Operators and Their Farms
United States Department of Agriculture Economic Research Service Economic Information Bulletin Number 111 April 2013 Characteristics of Women Farm Operators and Their Farms Robert A. Hoppe Penni Korb
More informationSetting up your Chart of Accounts
FARM FUNDS WORKSHEETS Setting up your Chart of Accounts Supplies Supplies are any inputs that will be used on a field, group of livestock, or equipment. Setting up a supply will set up the related expense
More informationFarming in the. A modern business. Occupational Outlook Quarterly Spring 2005
Farming in the A modern business 18 Occupational Outlook Quarterly Spring 2005 21st century in a modern world by Arlene Dohm In the 21st century, farmers and ranchers are likely to know as much, or more,
More informationRevenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016
CROP COSTS Department of Agricultural and Consumer Economics University of Illinois Revenue and Costs for Corn, Soybeans, Wheat, and Double-Crop Soybeans, Actual for 2009 through 2015, Projected 2016 Department
More informationInteligencia-Economica-exportaciones-por-naics
PrimaryNaics Main_Export_Dest 42 - Wholesale Trades 60 546 - Management, Scientific, and Technical Consulting Services 3-33 - 32 549 - Other Professional, Scientific, and Technical Services 4224 - Grocery
More informationEstimating emission inventories of French farms using the Farm Accountancy Data Network (FADN)
Estimating emission inventories of French farms using the Farm Accountancy Data Network (FADN) M.S. Corson, J.F. Ruas, F. Levert, C. Guerrier, P. Dupraz, H.M.G. van der Werf SAS and SMART Research Units,
More informationAFBF Comparison of Senate and House Committee passed Farm Bills May 16, 2013
CURRENT LAW SENATE AG COMMITTEE (S. 954) HOUSE AG COMMITTEE (HR 1947) Reported out of Committee 15 5 Reported out of Committee 36 10 Cost $979.7 billion over the 10 years before sequester reductions of
More information2013 World Grain Outlook
2013 World Grain Outlook Presented by: John Roach February 18, 2013 Disclaimer: Futures/options trading involves substantial risk of loss and trading may not be suitable for all investors. You should fully
More informationTHE ECONOMIC IMPACTS OF IMMIGRATION ON U.S. DAIRY FARMS
THE ECONOMIC IMPACTS OF IMMIGRATION ON U.S. DAIRY FARMS JUNE 2009 Contents Introduction... 2 Executive Summary...2 Survey of U.S. Dairy Farms...3 Survey Approach and Methods...3 Results of Dairy Farm Survey...4
More informationAgribusiness Management, its meaning, nature and scope, types Of management tasks and responsibilities
Agribusiness Management, its meaning, nature and scope, types Of management tasks and responsibilities Dr. B. K. Baruah Professor Department of Agril. Economics Farm Management Assam Agricultural University
More informationGENERAL INFORMATION FORM -- AUTHORIZATION APPLICATION NAICS CODES GENERAL INFORMATION
GIF CODES COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF ENVIRONMENTAL PROTECTION GENERAL INFORMATION FORM -- AUTHORIZATION APPLICATION NAICS CODES GENERAL INFORMATION The United States has a new industry
More informationKOSSUTH & PALO ALTO COUNTY1
KOSSUTH & PALO ALTO COUNTY1 2012 EXISTING INDUSTRY REPORT Kossuth/Palo Alto County Economic Development Corporation 106 S Dodge St, Ste 210 Algona, IA 50511 PH 515-295-7979 FAX 515-295-8873 kcedc@kossuthia.com
More informationCommodity Exchange Endorsement for Livestock Gross Margin for Dairy Cattle
Commodity Exchange Endorsement for Livestock Gross Margin for Dairy Cattle This endorsement contains the exchange prices that are used to set expected and actual prices for LGM for Dairy Cattle. To find
More informationWould you like to know more about the
Your Net Worth Ag Decision Maker Statement File C3-20 Would you like to know more about the current financial situation of your farming operation? A simple listing of the property you own and the debts
More informationCORPORATE ACCRUAL TO TAX CONVERSION WORKSHEET
CORPORATE ACCRUAL TO TAX CONVERSION WORKSHEET Taxable entities who have filed tax returns with Canada Revenue Agency (CRA) on a cash basis and have their financial statements prepared on an accrual basis
More informationPresented by D. R. Khanal Chairman Institute for Policy Research and Development (IPRAD)
Work in Progress Construction of GTAP Compatible Input Output (I/O) Table and Social Accounting Matrix (SAM) with Limited Data Base : Nepalese Experience Presented by D. R. Khanal Chairman Institute for
More informationChina and the WTO: Implications for Grain Trade. Dr. Thomas I. Wahl IMPACT Center Washington State University
China and the WTO: Implications for Grain Trade Dr. Thomas I. Wahl Center Washington State University Overview of Presentation Background Why are we interested in China Current trade situation Demographics
More informationSoybean Supply and Demand Forecast
Soybean Supply and Demand Forecast U.S. soybean planted acreage is expected to increase 11.5 million acres over the forecast period. U.S. soybean yields are expected to increase 7 bushels per acre or an
More informationAg in a Bag: Animals and Their Products
Ag in a Bag: Animals and Their Products Objective: 4-Hers will learn about livestock and the products derived from them. Materials: Animal fact cards for each of the animals Pictures of the animals Pictures
More informationGuide to Cereals in the UK
Guide to Cereals in the UK WHEAT Wheat is the most widely grown arable crop in the UK. On average, it covers around 2 million hectares of land and produces about 15 million tonnes of wheat each year with
More informationCC343 Energy Efficiency in Food Processing
University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Historical Materials from University of Nebraska- Lincoln Extension Extension May 2014 CC343 Energy Efficiency in Food Processing
More informationFARM LOAN PROGRAMS. 2013 Women in Ag DIRECT LOAN PROGRAM 2/15/2013 GUARANTEED LOAN PROGRAM. Becky Wiiest Farm Loan Manager 308 995 6121
2013 Women in Ag FARM LOAN PROGRAMS Becky Wiiest Farm Loan Manager 308 995 6121 GUARANTEED LOAN PROGRAM FSA guaranteed loans provide lenders with a guarantee of up to 95% of the loss of principal and interest
More informationCost of Production. Cost of Production. Cost of Production!
Cost of Production Versus Cost of Production And then there is, Cost of Production! Ken Bolton and Gary Frank Introduction September 2009 Historically business advisors have encouraged farm managers to
More informationUniversity of Illinois CROP BUDGETS. Consumer Economics
CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2013 Department of Agricultural and Consumer Economics University of Illinois July 2013 Introduction
More informationCROP BUDGETS, ILLINOIS, 2015
CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2015 Department of Agricultural and Consumer Economics University of Illinois September 2015
More informationThe Economic Contribution of the Dairy Industry in Virginia
The Economic Contribution of the Dairy Industry in Virginia Prepared for the Virginia State Dairymen s Association Terance J. Rephann, Ph.D. September 4, 2015 2 The Economic Contribution of the Dairy Industry
More informationU.S. Agriculture and International Trade
Curriculum Guide I. Goals and Objectives A. Understand the importance of exports and imports to agriculture and how risk management is affected. B. Understand factors causing exports to change. C. Understand
More informationTexas Correlations CEV Pathway: Food Products/Processing Systems
Pathways for Career Success Texas Correlations CEV Pathway: Food Products/Processing Systems Meets 100% of TEKS standards for: Correlations For: Food Products/Processing Systems Pathway New Course: Subject
More informationCompetition for land use between different production alternatives
New perspectives Competition for land use between different production alternatives Nan-Dirk Mulder, International IEC London 2011 Conference : A leading Food & Agribank Presence in 41 countries 2 Battle
More information2011 Economic Contribution Analysis of Washington Dairy Farms and Dairy Processing: An Input-Output Analysis
Farm Business Management Report 2011 Economic Contribution Analysis of Washington Dairy Farms and Dairy Processing: An Input-Output Analysis May 2013 J. Shannon Neibergs Extension Economic Specialist and
More informationCROP BUDGETS, ILLINOIS, 2014
CROP BUDGETS Department of Agricultural and Consumer Economics University of Illinois CROP BUDGETS, ILLINOIS, 2014 Department of Agricultural and Consumer Economics University of Illinois June 2014 Introduction
More informationJOB ANNOUNCEMENT. Nursery Manager DEGREE AND CURRICULUM:
Horticulture Nursery Manager Associate degree in Horticulture or related degree. Will consider all qualified agriculture degrees. Manages nursery to grow horticultural plants, such as trees, shrubs, flowers,
More informationAGRI- BUSINESS IN ARGENTINA A SEMINAR ON INVESTMENT OPPORTUNITIES
AGRI- BUSINESS IN ARGENTINA A SEMINAR ON INVESTMENT OPPORTUNITIES Maximiliano Moreno Director of Multilateral Negotiations Ministry of Agriculture, Livestock and Fisheries Argentina NEW INTERNATIONAL ENVIRONMENT
More informationOttawa County Ag Technology Business Incubator
Ottawa County Ag Technology Business Incubator Need for Job Creation Business Incubation Business Incubators Nurture young firms, during the startup period when they are most vulnerable. Through a variety
More informationFarm Commodity Programs and the 2007 Farm Bill
Order Code RS21999 Updated January 25, 2008 Farm Commodity Programs and the 2007 Farm Bill Jim Monke Specialist in Agricultural Policy Resources, Science, and Industry Division Summary The farm commodity
More informationSOURCES AND USES OF FUNDS ON KFMA FARMS
KANSAS FARM MANAGEMENT ASSOCIATION Your Farm - Your Information - Your Decision N E W S L E T T E R Volume 6, Issue 3 March 2012 SOURCES AND USES OF FUNDS ON KFMA FARMS A flow of funds report, often referred
More informationDevelopment Dialogue Forum Towards a Food Secure Nation within the context of the National Development Plan NDP 4
Development Dialogue Forum Towards a Food Secure Nation within the context of the National Development Plan NDP 4 T H E R O L E O F C R O S S - B O R D E R T R A D E I N A C H I E V I N G F O O D S E C
More informationEnterprise Budgeting. By: Rod Sharp and Dennis Kaan Colorado State University
Enterprise Budgeting By: Rod Sharp and Dennis Kaan Colorado State University One of the most basic and important production decisions is choosing the combination of products or enterprises to produce.
More informationCanadian Agriculture and Agri-Food Outlook for 2014
Canadian Agriculture and Agri-Food Outlook for 2014 Kevin Grier, Senior Market Analyst, George Morris Centre R. Allan Mussell, Ph.D., Senior Research Associate, George Morris Centre December 2013 Introduction
More informationFUTURES TRADERS GUIDE TO THE WASDE
FUTURES TRADERS GUIDE TO THE WASDE Your Guide To Understanding The USDA World Agriculture Supply & Demand Estimates For Corn, Soybeans And Wheat By Craig & Drew Daniels 1.800.800.3840 What Is The WASDE?
More informationInvestor Presentation February 25, 2004
Investor Presentation February 25, 2004 Some of the statements in this presentation may constitute forward-looking information and future results could differ materially from what is included. Please refer
More informationAGRICULTURAL PROBLEMS OF JAPAN
AGRICULTURAL PROBLEMS OF JAPAN Takeshi Kimura, Agricultural Counselor Embassy of Japan, Washington, D. C. I would like, first, to sketch the Japanese agricultural situation and, second, to review Japan's
More informationFarm Financial Statements Net Worth Statement Statement of Cash Flows Net Income Statement Statement of Owner Equity
Farm Financial Statements Net Worth Statement Statement of Cash Flows Net Income Statement Statement of Owner Equity Recording Transactions in the Date Cash Journal Description Value Amount (bu., lb.,
More informationO r g a n i c f o o d i s a g r o w t h i n d u s t r y. F i n d o u t a b o u t s o m e o f t h e j o b s t h a t b r i n g o r g a n i c s f r o m
O r g a n i c f o o d i s a g r o w t h i n d u s t r y. F i n d o u t a b o u t s o m e o f t h e j o b s t h a t b r i n g o r g a n i c s f r o m t h e f a r m a n d t h e f a c t o r y t o y o u r
More informationEstimating Cash Rental Rates for Farmland
Estimating Cash Rental Rates for Farmland Tenant operators farm more than half of the crop land in Iowa. Moreover, nearly 70 percent of the rented crop land is operated under a cash lease. Cash leases
More informationCRS Report for Congress
Order Code RL32590 CRS Report for Congress Received through the CRS Web Average Farm Subsidy Payments, by State, 2002 September 16, 2004 Jasper Womach Specialist in Agricultural Policy Resources, Science,
More informationBut what does my body need? (No...it is not just candy and soda!)
Chapter 35: Page 349 In the last chapter, you learned how important your immune system is to your survival. This week, you are going to learn how to keep your immune system strong and ready to protect
More informationGDP ESTIMATES REBASED TO 2009/10
GDP ESTIMATES REBASED TO 2009/10 November 2014 Uganda Bureau of Statistics Plot 9 Colville Street P.O Box 7186, Kampala Uganda Tel: 256-414-706000, Fax 256-414-237553 Email: ubos@ubos.org, Website: www.ubos.org
More informationCash to Accrual Income Approximation
Cash to Accrual Income Approximation With this program, the user can estimate accrual income using the Schedule F from his/her federal income tax return. Fast Tools & Resources Farmers typically report
More informationCONTRIBUTION OF THE ETHANOL INDUSTRY TO THE ECONOMY OF THE UNITED STATES IN 2014
CONTRIBUTION OF THE ETHANOL INDUSTRY TO THE ECONOMY OF THE UNITED STATES IN 2014 Prepared for the Renewable Fuels Association by John M. Urbanchuk Managing Partner February 2015 The U.S. ethanol industry
More informationImpact of Debt on Ontario Swine Farms
Impact of Debt on Ontario Swine Farms Prepared by: Randy Duffy and Ken McEwan University of Guelph, Ridgetown Campus November 2011 Funding support for this project. This project is funded in part through
More informationCorporation PKB JSC Belgrade Padinska Skela
Corporation PKB JSC Belgrade Padinska Skela General Information Full legal name Corporation PKB JSC Belgrade, Padinska Skela Address Industrijsko naselje bb, 11213 Padinska Skela Identification Number
More informationDetermining FFA Degrees, Awards, and CDEs
Lesson E2 2 Determining FFA Degrees, Awards, and CDEs Unit E. Developing Leadership Skills in Agriculture Problem Area 2. Recognizing Opportunities in FFA Lesson 2. Determining FFA Degrees, Awards, and
More informationAgricultural Communications Entrepreneurship/Placement -typically includes programs in which a student is placed at a newspaper or other agricultural print (such as magazines) facilities to obtain training
More informationCounty of Orange AGRICULTURAL COMMISSIONER DEPARTMENT
ORANGE COUNTY (Reference Pamphlet File) 100 YEARS OF AGRICULTURE IN ORANGE COUNTY County of Orange AGRICULTURAL COMMISSIONER DEPARTMENT ORANGE COUNTY BOARD OF SUPERVISORS THOMAS F. RILEY CHAIRMAN FIFTH
More informationAgribusiness Finance. checklist
Agribusiness Finance checklist Ensuring Food security through agribusiness Introduction Citizen Entrepreneurial Development Agency (CEDA) was established by the Government of Botswana to provide financial
More informationILLINOIS AND US SOYBEAN SUPPLY CHAIN MARKET DYNAMICS AND FIVE-YEAR OUTLOOK
Illinois Soybean Association - ISA ILLINOIS AND US SOYBEAN SUPPLY CHAIN MARKET DYNAMICS AND FIVE-YEAR OUTLOOK April 2011 TABLE OF CONTENTS 1. EXECUTIVE SUMMARY... 1 2. STRUCTURE OF ILLINOIS AGRICULTURE
More information