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Minnesota

State Quick Facts

Population
5,737,915

Total State GDP
$448,032,400,000

State Land Area (Acres)
50,961,280

Land in Forest (Acres)
17,659,033

Land in Forest
35%

Land in Farms (Acres)
25,400,000

Land in Farms
50%

Number of Farms
65,300

Average Farm Size (acres)
389

Farm Real Estate Value (per acre) 
$6,600

Agricultural Cash Receipts 
$26,018,792,000

Cash Receipts from Crops 
$15,828,823,000

Cash Receipts from Animals 
$10,189,968,000

Top Ag. Commodities

Corn
  $8,324,770,000

Soybeans
  $5,320,423,000

Hogs
  $3,723,737,000

Dairy Products, Milk
  $2,691,880,000

Cattle and Calves
  $2,133,248,000

Top Ag. Exports

Soybeans
  $2,854,700,330

Corn
  $1,689,035,076

Feeds and Other Feed Grains
  $1,051,452,519

Pork
  $907,003,332

Other Plant Products
  $633,965,276

Minnesota Economic Contribution and Impact Research

In 2022, Minnesota generated around $26.0 billion in agricultural cash receipts with the highest valued commodities being corn, soybeans, and hogs. That same year, the value of Minnesota’s agricultural production and processing industries represented 5.0 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 Minnesota’s food, fiber, and forest industries can be found below.

Websites:

Information related to Minnesota’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 Minnesota’s food, fiber, and forest industries.  These can be viewed and/or downloaded by clicking the images or links below:

Research Documents of Minnesota 2021 – Fact Sheet – Meat Fuels America, 2016
Research Documents of Minnesota 2021 – Fact Sheet – Poultry Feeds America, 2020
Research Documents of Minnesota 2020 – Fact Sheet – Feeding the Economy, 2019
Research Documents of Minnesota 2020 – Report – Economic Contribution Study of Minnesota Agriculture and Forestry
Research Documents of Minnesota 2020 – Fact Sheet – Economic Losses from Suspending Pork Processing at the Worthington, Minnesota Plant
Research Documents of Minnesota 2018 – Fact Sheet – The Animal Feed and Pet Food Manufacturing Industry is Crucial to American Agriculture, Economy
Research Documents of Minnesota 2017 – Fact Sheet – AFPA State Industry Economic Impact
Research Documents of Minnesota 2017 – Report – Economic Contribution of Minnesota’s Beef Industry
 Research Documents of Minnesota 2017 – Report – Economic Contribution of Minnesota’s Horse Racing Industry 2015
 Research Documents of Minnesota 2017 – Report – Economic Impact of a Potential Shrimp Harbor Facility in Southwest Minnesota
 Research Documents of Minnesota 2017 – Report – Vineyards and Wineries of Minnesota 2015
Research Documents of Minnesota 2017 – Fact Sheet – Minnesota Beef Industry
Research Documents of Minnesota 2016 – Report – Economic Analysis of Animal Agriculture 2005-2015
 Research Documents of Minnesota 2016 – Report – Economic Contribution of the Sprout Food Hub 2015
Research Documents of Minnesota 2016 – Fact Sheet – Minnesota Dairy Industry
 Research Documents of Minnesota 2015 – Report – Economic Contribution of the Agbioscience Industry in Greater Minnesota 2013
Research Documents of Minnesota 2015 – Fact Sheet – Minnesota Poultry Industry
Research Documents of Minnesota 2011 – Fact Sheet – Minnesota Dairy Industry Economic Impact
Research Documents of Minnesota 2010 – Report – Minnesota Dairy Industry Profile

*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.