Tim R. Wood

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
Alabamas 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 Alabamas 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?