Search

Would a sudden loss of the meat and dairy industry, and all the ripple effects, destroy the economy?

Abbreviated Question: 
Would a sudden loss of the meat and dairy industry, and all the ripple effects, destroy the economy?
Answer: 

Agriculture and agriculture-related industries contributed $777.0 billion to the U.S. GDP in 2012, a 4.7% share. The value of U.S. livestock production output (dairy products, milk; meat animals; miscellaneous livestock; and poultry and eggs) contributed $167.4 billion of this sum, about 1.0% of GDP. The overall contribution of the livestock sector to GDP is larger than this because sectors related to livestock that rely on agricultural inputs in order to contribute additional value to the economy.

FAPRI - Food and Agricultural Policy Research Institute

Established in 1984 by a grant from the U.S. Congress, the Food and Agricultural Policy Research Institute (FAPRI) is a unique, dual-university research program. With research centers at the Center for Agricultural and Rural Development (CARD) at Iowa State University and the Center for National Food and Agricultural Policy (CNFAP) at the University of Missouri-Columbia, FAPRI uses comprehensive data and computer modeling systems to analyze the complex economic interrelationships of the food and agriculture industry. FAPRI prepares baseline projections each year for the U.S.
Resource Category: 

CARD: Center for Agricultural and Rural Development

CARD: Center for Agricultural and Rural Development
The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society. CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge.
Resource Category: 

Iowa Beef Center

The Iowa Beef Center at Iowa State University in Ames, Iowa, serves as the university’s extension program to cattle producers. Our dedicated group of faculty and staff work together to develop and deliver the latest in research-based information to improve the profitability and vitality of Iowa’s beef industry. We strive to be the No. 1 source “For all things beef."
Resource Category: 

Beginning Farmer Center

Coordinate education programs and services for beginning farmer efforts statewide. Assess needs of beginning farmers and retiring farmers. Develop, coordinate, and deliver targeted education to beginning and retiring farm families. Provide programs and services that develop skills and knowledge in financial management and planning, legal issues, tax laws, technical production and management, leadership, sustainable agriculture, human health and the environment.
Resource Category: 

Agricultural Management e-School

The mission of the Agricultural Management E-School (AMES) is to extend management education to agricultural producers, educators and service providers. AMES complements traditional meetings, bulletins and newsletters. In-depth self-study courses and resource centers that address important management topics are available at any time and any place that an Internet connection exists.
Resource Category: 

Pages