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Economic Impact of Agriculture on Oklahoma’s Economy: 2000.

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Presentation on theme: "Economic Impact of Agriculture on Oklahoma’s Economy: 2000."— Presentation transcript:

1 Economic Impact of Agriculture on Oklahoma’s Economy: 2000

2 Agricultural Production and Processing as Percentage of Gross State Product

3 Oklahoma Agricultural Production and Processing Since 1986, Oklahoma has experienced steady growth GSP of combined agricultural production and processing increased from $2.5 billion in 1986 to $3.8 billion in 1999

4 Oklahoma Agricultural Production and Processing Agricultural production increased 38 percent from 1986 to 1999 Agricultural processing steadily increased 83 percent from 1986 to 1999

5 Oklahoma Crop Sales Dollar value of sales has been varying from year-to-year

6 Oklahoma Livestock Sales Poultry and egg and hog production has been rapidly expanding Poultry and egg increased 138 percent from $178 million in $427 million in 2000 Hog increased over one thousand percent from $39 million to $472 million in 2000

7 Value Added Products, Alva, OK Agricultural Processing

8 Processed Food Products Food processing accounted for 1% of GSP Doubled from $523 million in 1986 to $986 million in 1999

9 Lumber and Wood Products Has been varying around $100 million and $200 million between 1986 and 1999

10 Paper and Allied Products Grew 124 % from $233 million in 1986 to $522 million in 1999

11 Textile Processing Textile mill industries have remained at the same approximate level of GSP (about $150 to $200 million).

12 Agricultural Production and Processing as Percentage of Oklahoma GSP GSP of Ag production and processing grew from $2.5 billion to $3.8 billion from 1986 to 1999 Growth of 52 percent Significant growth in Hogs, Poultry and eggs and Food processing

13 Measuring Economy-Wide Impacts

14 Summary of Agricultural Sector Impacts on Oklahoma’s Economy, 2000 JobsGSP ($ million) Ag production111,5361,350 Ag processing 39,6101,721 Total Ag-Direct151,1463,071 Ag indirect & induced106,4584,051 Total Agriculture Related257,6047,122

15 Direct, Indirect and Induced, and Total Employment IndustryDirect Employment Number of Jobs Indirect & Induced Employment Jobs Total Economy Employment Number of jobs Cattle & Calves 47,56428,55876,122 Poultry and Eggs 3,7508,10811,858 Dairy Farm Products 1,6362,7694,405 Hogs, Pigs and Swine 21,74010,75432,494 Other Meat Animal Products 4,2681,1595,427 Sheep, Lambs and Goats Commercial Fishing Total Livestock 79,13051,410130,540

16 Direct, Indirect and Induced, and Total Employment IndustryDirect Employment Number of Jobs Indirect & Induced Employment Jobs Total Economy Employment Number of jobs Food Grains 7,3185,29312,611 Greenhouse and Nursery Products 2,4832,1174,600 Hay and Pasture 2,5391,2213,760 Cotton ,049 Feed Grains 2,1832,7864,969 Oil Bearing Crops 1, ,809 Fruits Vegetables Miscellaneous Crops 1, ,381 Total Crops 18,49014,04132,531

17 Direct, Indirect and Induced, and Total Employment IndustryDirect Employment Number of Jobs Indirect & Induced Employment Jobs Total Economy Employment Number of jobs Forestry Products 7791,0461,825 Agricultural, Forestry, Fishery Services 3,9831,4455,428 Landscape & Horticultural Services 9,1544,43813,592 Total Agricultural Services 13,9276,29920,845

18 Griffin Food Relative Size of Agriculture Impacts

19 Employment Impact by Ag sector on Oklahoma’s Economy The total number of Oklahoma’s employment was about 1.9 million Ag production and processing directly generated 151,146 jobs.

20 GSP Impact by Ag Sector on Oklahoma’s Economy In 2000, Oklahoma’s Gross State Product (GSP) was $86.4 billion. Ag production and processing directly added about $3 billion to Oklahoma’s GSP

21 Distribution of Employment in Agricultural Production Ag production added 111,536 jobs to Oklahoma’s employment

22 Distribution of GSP in Agricultural Production Ag production added about $1.4 billion to Oklahoma’s GSP.

23 Impact of Supporting Industries

24 Employment Generated by Supporting Industries of Agricultural Production The industries that supply goods and services to the agricultural production and to the employees of support industries employed 72,379 jobs Most jobs are generated by Ag, services and trade

25 GSP Generated by Supporting Industries of Agricultural Production Support industries added $2.4 billion to Oklahoma’s economy Most of the indirect and induced impacts on GSP generated by agricultural sector are in services, and financial/insurance

26 Summary In 2000, Ag sector counted for about 13.6 % of employment and 8.6 % of OK’s GSP Livestock production contributed $2.5 billion to GSP, provided 130 thousand jobs Livestock processing contributed $1.6 billion to GSP, provided 36 thousand jobs Total Livestock contributed $4 billion to GSP, provided 166 thousand jobs to OK’s economy

27 Summary Crop production contributed $810 million to GSP and provided 33 thousand jobs Crop processing contributed $888 million to GSP and provided 18 thousand jobs Forestry contributed $48 million to GSP and provided 2 thousand jobs Ag services contributed $378 million to GSP and provided over 20 thousand jobs Textile and forestry contributed $934 million to GSP and provided 20 thousand jobs


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