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Colorado

State Quick Facts

Population
5,773,714

Total State GDP
$436,359,500,000

State Land Area (Acres)
66,330,880

Land in Forest (Acres)
22,920,131

Land in Forest
35%

Land in Farms (Acres)
31,800,000

Land in Farms
48%

Number of Farms
39,000

Average Farm Size (acres)
815

Farm Real Estate Value (per acre) 
$1,770

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
$4,219,877,000

Dairy Products, Milk
$981,563,000

Corn
$642,201,000

Hay
$536,996,000

Miscellaneous Crops
$410,911,000

Top Ag. Exports

Beef and Veal
  $609,404,776

Other Plant Products
$344,461,519

Wheat
$223,827,124

Feeds and Other Grains
$185,835,611

Dairy Products
$178,891,064

Colorado Economic Contribution and Impact Research

In 2021, Colorado generated around $8.3 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 2.3 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):

*At present, there is no universally agreed upon standard methodology for producing economic impact or economic contribution reports.  Please exercise caution when viewing and comparing reports as each may vary significantly in terms of source data and analysis and reporting methodology.