What is Agribusiness

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1998
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What is Agribusiness?

• Evolution of agriculture
• From family farm to agribusiness industrial
  complex
• Ag Biz foundation The farm
• Backward links
• Forward links
• Excluded impacts
• McDonalds
• Albertsons

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Measures of Contribution

• Size
• People employed
• Value Added created
• Total Sales
• Output
• Internal Sales
• External Sales (exports)

• Impact
• Driven by exports
• Base and Non-base industries
• Multiplier effect
• Impact exports x multiplier

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Idaho Exports 22 billion Ag Biz 27 Hi Tech
22
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Idaho Sales vs. Exports

• Base Industries
• Ag Biz 72
• Hi Tech 97
• Non-base Industries
• Trade 7
• Prof Service 1

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Business Sales

• Ag Biz Size
• Largest Ag products
• Milk
• Cattle
• Potatoes
• Idahos largest sales
• Trade 6.9 b
• Mining Const 6.7 b
• Manf 7.6 b

• Ag Biz Impact
• 13 billion Idaho
• Impacted Industries
• Main Street businesses
• Services 1.2 billion
• Trade 870 million
• Agriculture 1.1 billion

3.6 b agriculture 4.6 b ag. processing
8.2 b Ag Biz sales
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Idaho's Leading Farm Products, 1998
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Idahos Business Salessize
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Idahos Jobs -- size

• Size
• 8 of total jobs

37 agriculture 18 ag. processing
55,000 Ag Biz jobs

• Idahos largest employers
• Trade 162,000
• Serv non-Prof 116,000
• Serv Prof 98,000

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Jobs Ag Biz Impact

• Impact
• 107 thousand jobs
• 14 of total jobs
• 17 of non-govt jobs
• Impacted Industries
• Main Street businesses
• Services 23,000
• Trade 20,000
• Agriculture itself
• 25,000 direct
• 12,000 indirect

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Idahos Value-Added -- size

• Size
• Ag Biz 9 of Idaho VA
• Idahos Value-Added
• Trade 5.1 billion
• Services 6.8 billion
• Mining Const 2.6 billion

1.34 billion agriculture 954 million ag.
processing 2.3 b Ag Biz VA
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Value-Added Ag Biz Impacts

• Impact 4 billion
• 14 of total VA
• 16 of non-govt VA
• Impacted Industries
• Main Street business
• Services 743 million
• Trade 638 million
• FIRE 341 million
• Agriculture itself
• 815 million direct
• 412 million indirect

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Idahos Ag Biz Contribution
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Idahos Ag Biz ImpactJobs 107,000Value Added
4 billionSales 13 billion
Funding Cooperative Extension Graphics Ag.
Communications