Indiana
State Quick Facts
Population
6,862,199
Total State GDP
$470,323,600,000
State Land Area (Acres)
22,928,640
Land in Forest (Acres)
4,809,110
Land in Forest
21%
Land in Farms (Acres)
14,600,000
Land in Farms
64%
Number of Farms
53,300
Average Farm Size (acres)
274
Farm Real Estate Value (per acre)
$9,100
Agricultural Cash Receipts
$18,914,415,000
Cash Receipts from Crops
$12,356,079,000
Cash Receipts from Animals
$6,558,336,000
Top Ag. Commodities
Corn
$6,639,862,000
Soybeans
$4,892,629,000
Chicken Eggs
$1,854,889,000
Hogs
$1,616,730,000
Dairy Products, Milk
$1,159,524,000
Top Ag. Exports
Soybeans
$2,647,643,327
Corn
$1,347,179,517
Feeds and Other Feed Grains
$835,575,345
Soybean Meal
$471,500,235
Pork
$393,792,353
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Indiana Economic Contribution and Impact Research
In 2022, Indiana generated around $18.9 billion in agricultural cash receipts with the highest valued commodities being corn, soybeans, and chicken eggs. That same year, the value of Indiana’s agricultural production and processing industries represented 4.8 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 Indiana’s food, fiber, and forest industries can be found below.
Websites:
Information related to Indiana’s food, fiber, and forest industries can be found by visiting the following website(s):
Contribution and Impact Research Documents:
The following are current and historical studies, fact sheets, and articles related to Indiana’s food, fiber, and forest industries. These can be viewed and/or downloaded by clicking the images or links below:
*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.