Executive Summary
There are different ways to measure the economic impact of an industry in a state, including state value-added, total output, jobs created, and more.
Highlights
- When measuring the total value-added, which is the total sales taking place in Missouri, agriculture ranks 4th, after Services (1st), Government (2nd), and Manufacturing (3rd).
- When measuring the total output, which is the total value of all production or sales of the industry within an area, Agriculture comes 3rd after the sectors of Manufacturing and Services.
- Missouri ranks 12th in the nation for cash receipts on all commodities coming from agriculture, with $97 million in revenue. This accounts for 2.7% of all U.S. receipts for all commodities in agriculture. In 2021, agriculture, forestry and related industries in Missouri employed about 456,618 people, about 13% higher than the national average.
- Several global plant-science companies have Missouri as their global or North American headquarters. The Bioscience Industry in Missouri comprises over 3,500 companies employing nearly 50,000 Missourians.