Connecting Colorado’s Economy: Agriculture
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Transcript of Connecting Colorado’s Economy: Agriculture
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Timothy J. LarsenMarkets Division
Colorado'sColorado'sAgricultural IndustryAgricultural Industryand Export Outlookand Export Outlook
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• 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
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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.
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Photo courtesy of Richard Gann
Ag’s Impact on Colorado
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Ag’s Impact on the State Economyfarm/ranch sales (2010)
Crops – 38% $2.27 Billion
Livestock & Products 62%, $3.75 Billion
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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%
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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
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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
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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
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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
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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
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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
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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
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“Ag-Dependent” Counties
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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
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Top Agricultural & Food Product Exports
Source: Adapted by CDA from World Trade Atlas and ERS data
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Top Export Markets for Colorado Agricultural Products
Source: Adapted by CDA from World Trade Atlas and ERS data
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Colorado and US Agricultural ExportsColorado in US $ Millions, US in US $ Billions
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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%
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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%
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Top 3 market export trends 1993 – 2006
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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
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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