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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

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:

Research Documents of Indiana 2021 – Fact Sheet – Meat Fuels America, 2016
Research Documents of Indiana 2021 – Fact Sheet – Poultry Feeds America, 2020
Research Documents of Indiana 2020 – Fact Sheet – Feeding the Economy, 2019
Research Documents of Indiana 2020 – Report – Indiana Agriculture
Research Documents of Indiana 2020 – Fact Sheet – Economic Losses from Suspending Pork Processing at the Delphi, Indiana Plant
Research Documents of Indiana 2020 – Fact Sheet – Economic Losses from Suspending Pork Processing at the Logansport, Indiana Plant
Research Documents of Indiana 2018 – Fact Sheet – The Animal Feed and Pet Food Manufacturing Industry is Crucial to American Agriculture, Economy, 2016
Research Documents of Indiana 2017 – Fact Sheet- AFPA State Industry Economic Impact
Research Documents of Indiana 2016 – Report – Economic Analysis of Animal Agriculture 2005-2015
Research Documents of Indiana 2013 – Report – The Economic Contribution of Agriculture 2011
Research Documents of Indiana 2002 – Report – The Economic Impacts Associated with Locally Owned Agricultural Cooperatives: A Comparison of the Great Plains and the Eastern Cornbelt

2013IL_The_Economic_Contribution_of_Agriculture_2011-1ywu9c7

IN2002-Report-Economic_Impacts_Associated_with_Locally_Owned_Agricultural_Cooperatives-_A_Comparison_of_the_Great_Plains_and_the_Eastern_Cornbelt-1ggl98g

IN2016-Report-Economic_Analysis_of_Animal-_Agriculture_2005-2015-29949ph

IN2017-FactSheet-AFPA_State_Industry_Ecomomic_Impact-2d4006n

IN2018-FactSheet-The_Animal_Feed_And_Pet_Food_Manufacturing_Industry_Is_Crucial_to_American_AgricultureEconomy-1hggr32

*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.