Colorado
State Quick Facts
Population
5,877,610
Total State GDP
$491,289,000,000
State Land Area (Acres)
66,330,880
Land in Forest (Acres)
22,758,928
Land in Forest
34%
Land in Farms (Acres)
30,000,000
Land in Farms
45%
Number of Farms
35,9000
Average Farm Size (acres)
836
Farm Real Estate Value (per acre)
$1,950
Agricultural Cash Receipts
$8,301,818,000
Cash Receipts from Crops
$2,607,484,000
Cash Receipts from Animals
$5,694,334,000
Top Ag. Commodities
Cattle and Calves
$4,605,081,000
Dairy Products, Milk
$1,399,735,000
Corn
$930,399,000
Hay
$427,048,000
Miscellaneous Crops
$413,473,000
Top Ag. Exports
Beef and Veal
$606,299,786
Other Plant Products
$297,388,008
Dairy Products
$225,827,322
Wheat
$209,402,523
Feeds and Other Feed Grains
$189,192,586
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Colorado Economic Contribution and Impact Research
In 2022, Colorado generated around $9.4 billion in agricultural cash receipts with the highest valued commodities being cattle and calves, dairy products, specifically milk, and corn. That same year, the value of Colorado’s agricultural production and processing industries represented 1.6 percent of total state GDP. Some of the dollars generated by these industries end up being re-spent within the local economy, bringing additional value to the state through “multiplier effects.” Economic impact and contribution studies measure these effects, which can be broken down into direct, indirect, and induced economic effects.
Websites, reports, fact sheets, and articles related to the economic impacts and contributions of Colorado’s food, fiber, and forest industries can be found below.
Websites:
Information related to Colorado’s food, fiber, and forest industries can be found by visiting the following website(s):