Press Release: Wisconsin’s Agricultural Impact on Economy Reaches New Heights
Wisconsin’s agricultural sector has solidified its importance to the state’s economy, with recent data indicating a remarkable increase of $11.5 billion in economic impact over the past five years. The University of Wisconsin’s Department of Agricultural and Applied Economics reports that the economic contribution of agriculture surged from $104.8 billion in 2017 to $116.3 billion in 2022, marking a 10.9 percent growth. Agriculture now represents 14.3 percent of Wisconsin’s overall economic output.
The sector is a vital source of employment, providing approximately 353,900 jobs throughout the state. Renowned as America’s Dairyland, Wisconsin not only leads in specialty cheese exports but also excels in diverse agricultural production. The state ranks first in the production of snap beans, cranberries, and corn used for silage. Additionally, Wisconsin is the leading producer of mink pelts, topping the nation in sauerkraut production from cabbage, and it holds second place in dry forage output.
Furthermore, Wisconsin ranks third nationally for various vegetable crops, including potatoes, carrots, peas, and sweet corn, underscoring its diverse agricultural landscape. The innovative agricultural practices and robust food processing sectors contribute significantly to the state’s economy, highlighting Wisconsin’s role as a key player in the nation’s food supply chain.
As the agricultural industry continues to evolve, its enhanced contribution to both local and national economies points to a promising future. Stakeholders are optimistic about the continued growth and sustainability of Wisconsin’s agricultural sector, setting a strong foundation for further advancements and economic stability in the coming years.
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