Connecting Colorado’s Economy: Agriculture
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Transcript of Connecting Colorado’s Economy: Agriculture
Timothy J. LarsenMarkets Division
Colorado'sColorado'sAgricultural IndustryAgricultural Industryand Export Outlookand Export Outlook
• Agriculture in Colorado
• Agriculture’s importance to Colorado’s economy
• Agriculture’s importance to Eastern Colorado
• Export impact on Colorado (&US) agriculture
• Impact of NAFTA trade on Colorado (&US) agricultural exports
Colorado Department of Agriculture
• CDA is charged with: Strengthening and advancing Colorado’s
agriculture industry; Ensuring a safe, high quality, and sustainable food
supply; and Protecting consumers, the environment, and natural
resources.
Photo courtesy of Richard Gann
Ag’s Impact on Colorado
Ag’s Impact on the State Economyfarm/ranch sales (2010)
Crops – 38% $2.27 Billion
Livestock & Products 62%, $3.75 Billion
Colorado’s Top 10 Based on 2010 Cash Receipts
2010 Cash Receipts2010 Cash Receipts
(Million $)(Million $)
#1#1 Cattle & calvesCattle & calves 3,1573,157
#2#2 Dairy (milk)Dairy (milk) 457457
#3#3 Corn for grainCorn for grain 604604
#4#4 WheatWheat 500500#5#5 ProduceProduce 390390
#6#6 HayHay 287287
#7#7 Greenhouse & nurseryGreenhouse & nursery 254254
#8#8 HogsHogs 194194
#9#9 Sheep & lambsSheep & lambs 111111
#10#10 Poultry & eggsPoultry & eggs 8585Total cash receipt for top 10 Total cash receipt for top 10
commoditiescommodities 5,9545,954
99%99%
What Colorado’s known for:LIVESTOCK
Cattle– #10 All cattle– #14 Beef Cows– #5 Beef on feed
Dairy– #15 Milk production
Sheep/lambs– #4 Wool production– #3 Market Sheep/lambs– #7 Breeding Sheep– #4 All sheep
Hogs– #12 Pig crop– #11 Breeding hogs
What Colorado’s known for:CROPS
• #1 Millet• #4 Sunflowers (oil)• #6 Sunflowers (confect)• #6 Barley• #8 Sugarbeets• #8 Spring wheat• #9 Sorghum• #10 Hay• #11 Winter Wheat
What Colorado’s known for:FRUITS & VEGETABLES
• #3 Head Lettuce• #3 Romaine Lettuce• #3 Leaf Lettuce• #4 Spinach• #4 Potatoes• #5 Cantaloupe• #6 Sweet Corn
• #7 Onions• #8 Cabbage• #9 Dry edible beans • #7 Peaches• #8 Pears• #24 Apples
Colorado acreage76% in agricultural
production (50.8 M acres) Private ownership• 19.6 million pasture/grazing• 11.5 million acres cropland
– 8.9 dryland crops– 2.6 million irrigated crops
US Forest Service land (63.3%)• 9.2 m ag. lease
BLM land (93%)• 7.7 m ag. leases
State land (95%)• 2.84 m leased for agricultural
production
Economic Activity
• Colorado’s agriculture and food industry contributes $41 billion to the state’s economy annually
• Colorado’s agriculture & food industry supports more than 172,921 jobs in Colorado
Jobs
• Many of Colorado’s counties are “Ag-Dependent”
In 24 of Colorado’s counties, 1 in every 10 jobs is tied to the ag and food industry
1 in every43 jobs is tied to the ag and food industry in 12 of Colorado’s 64 counties
Real JobsIn urban counties, ag. contributes
41,219 jobs
13,436 Denver County 7,717 Jefferson County 8,799 Adams County3493 Arapahoe County3604 Boulder County4259 Larimer County2911 El Paso County
“Ag-Dependent” Counties
Exports of Colorado Agricultural & Food Products
• ’10 exports estimated at more than $1.65 billion.
• In recent years, food and agricultural products from Colorado have been imported by more than 100 countries.
• An estimated one of every three Colorado food and agricultural suppliers sells some of their product outside the U.S.
Source: Adapted by CDA from World Trade Atlas and ERS data
COLORADO AG. EXPORTS
Value in U.S. @ millions
2007 $1,500.2
2008 $1,665.8
2009 $1,470.8
2010 $1,646.1
2011 $1,838.0
Top Agricultural & Food Product Exports
Source: Adapted by CDA from World Trade Atlas and ERS data
Top Export Markets for Colorado Agricultural Products
Source: Adapted by CDA from World Trade Atlas and ERS data
Colorado and US Agricultural ExportsColorado in US $ Millions, US in US $ Billions
US Total Export trends2006 to 2011
• All US exports grew 44.3% to $1.451 trillion in 2011
• All US exports in Ports to Plains states grew 61.1% during the same period
• All US agricultural exports grew 82.1%
• All US ag. Exports in P to P states grew 115.3%
US Trade with Canada and Mexico 2006 to 2011
• US total exports to NAFTA increased 31.3%
• US agricultural exports to NAFTA increased 56.9%
• P to P total exports to NAFTA increased 52.0%
• P to P ag. Exports to NAFTA increased 114.6%
Top 3 market export trends 1993 – 2006
Impact of Canada and Mexico Ag Exports to Colorado Agriculture
2006 to 2011
• All Colorado exports dropped 7.8% from 2006 to 2011
• Colorado’s ag exports increased 75.8%
• All Colorado exports to NAFTA dropped 27.2%
• Colorado agricultural exports to NAFTA increased 32.9%
• Ag. Exports equal 17.6% of Colorado’s total exports and 28.6% of all state exports to NAFTA
For More Information:
Timothy J. Larsen
Sr. International Marketing Specialist
Colorado Department of Agriculture
Tel: (303)239-4118
E-mail: [email protected]
Or visit: www.coloradoagriculture.com