Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Soybean Farmers See Growth in No. 1 Customer over Past Decade

Tue, 29 Nov 2011 15:13:45 CST

Soybean Farmers See Growth in No. 1 Customer over Past Decade The soybean checkoff talks a lot about U.S. soybean farmers' No. 1 customers poultry and livestock farmers. But these sectors impact more than just a soybean farmer's profit potential. According to a recent soybean-checkoff-funded study, poultry and livestock supported 1.8 million U.S. jobs and added $19 billion in tax revenue annually to the U.S. economy.


"It's important that we maintain and expand animal agriculture in the United States," says Laura Foell, a soybean farmer from Schaller, Iowa, and a farmer-leader for the United Soybean Board (USB). "It helps grow our U.S. soybean industry but is also a way we can keep jobs here and know we are producing safe and reliable food."


That economic impact appears to be more than just a fad. In fact, the poultry and livestock sectors increased household incomes by more than $4 billion during the last decade alone. Nearly 70 percent of that growth occurred west of the Mississippi River or right on its borders, but trends show growth occurring more evenly throughout the country.


"This study shows the importance of animal agriculture not only to soybean farmers, but also to our local, state and national economies," adds Foell. "And animal agriculture helps local businesses by purchasing goods in local stores and creating local jobs."


Iowa and California won big for growth in earnings, jobs and tax revenue from animal agriculture, according to the study. Iowa added more than 19,000 jobs since 2000, while California added more than 17,000 in the same time period. These states added $176.2 million and $185.5 million in tax revenue respectively, the study found.


Poultry and livestock consume 98 percent of domestic soybean meal each year and help increase the value of U.S. soybeans. The checkoff study showed most recently that consumption equaled 30 million tons of soybean meal, or the meal from approximately 1.2 billion bushels of soybeans annually.


Click here to read the full study on the economic impact of animal agriculture.



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.