The Economic Importance of Food and Fiber A Spotlight on Seminole County, Georgia Prepared for Seminole County Cooperative Extension July 2013 by: The Center for Agribusiness and Economic Development College of Agricultural and Environmental Sciences The University of Georgia Trends in Seminole County: Number of Farms Number of Farms, Seminole County 300 200 100 0 1978 1982 1987 1992 Source: 1978-2007 (quinquennial) Censuses of Agriculture 1997 2002 2007 Trends in Seminole County: Land in Farms, Harvested Cropland & Farms by Size Land in Farms & Harvested Cropland Seminole County Percent of Farms by Size, 2007 Seminole Co. 40 120000 Land in farms Harvested cropland Georgia 35 30 100000 25 80000 20 60000 15 40000 10 20000 5 0 0 1992 1997 2002 2007 1-9 acres Source: 1992-2007 (quinquennial) Censuses of Agriculture 10-49 acres 50-179 acres 180-499 acres 500-999 acres 1000+ acres Food and Fiber Production Plus Directly Related Sectors as % of Total Economic Output Catoosa Dade Towns Fannin 0 - 10% 10 - 20% 20 - 30% 30 - 45% 45 - 58% Rabun Union Murray Whitfield Walker Gilmer White b Ha Lumpkin Gordon Chattooga er sh am Stephens Pickens Dawson Cherokee Bartow Franklin Banks Hall Floyd Jackson Polk Barrow Gwinnett Cobb Paulding Madison Oglethorpe Ro ck da le Fulton Lincoln Wilkes Walton DeKalb Douglas Elbert Clarke Oconee Haralson Hart Forsyth Clayton Carroll Morgan Newton Taliaferro Columbia McDuffie Fayette Warren Coweta Heard Pike Hancock Lamar Meriwether Richmond Putnam Jasper Butts Spalding Troup Greene Henry Glascock Baldwin Burke Jefferson Jones Monroe Washington Upson Bibb Wilkinson Jenkins Crawford Talbot Twiggs Emanuel Peach Taylor ch ee Muscogee Bulloch Effingham ery oo Candler Treutlen Macon Ch at ta h Laurens Bleckley Houston Marion Screven Johnson Pulaski Schley Dodge Dooly Wheeler Stewart Webster Sumter Montgom Harris Evans Toombs Bryan Tattnall Chatham Wilcox Telfair Crisp Quitman Liberty Randolph Terrell Lee Jeff Davis Ben Hill Long Appling Turner Irwin Clay Dougherty Calhoun Worth Coffee Wayne Bacon McIntosh Tift Early Pierce Baker Berrien Mitchell Miller Atkinson Brantley Colquitt Cook Glynn Ware Lanier Seminole Decatur Grady Clinch Thomas Brooks Lowndes Echols Updated 1/16/13 Camden Charlton Agriculture in Georgia Georgia's 2011 Farm Gate Value was $13.0 billion. Adding the value of $2.1 billion of landscape services increased the total agricultural production value to $15.1 billion. Total food and fiber production and directly related businesses account for a $71.1 billion output impact on Georgia's $763.6 billion economy. What We Know about Seminole County 2011 Farm Gate Value in Seminole Co. was $100.3 million. Adding $156,185 of landscape services increased the total agricultural production value to $100.5 million. The highest value commodity group was row and forage crops, representing 80.3% of the total agricultural production value. Seminole County 2011 Agricultural Production Value Forestry 1.1% Ornamental Horticulture 1.7% Livestock 5.8% Other 6.5% Fruits-Nuts 0.1% Row and Forage Crops 80.3% What We Did County Economy Modeled The Center for Agribusiness and Economic Development performed an analysis of the county’s economy, focusing on the role of food and fiber. How much of the county’s total current economic output comes from food and fiber production and directly related processing? (A Snapshot of the Economy) What is the total (direct and indirect) Impact of food and fiber production and directly related industries? Seminole County Economy Agriculture OUTPUT Output in $ Agriculture Percent 100,503,211 19.92% 0 0.00% Construction 3,085,065 0.61% Manufacturing 62,675,509 12.42% 104,495,602 20.71% Trade 45,159,402 8.95% Finance-Ins-RE 70,894,425 14.05% Services 86,830,271 17.21% Mining Trans-Utilities-Info Govt. & non-NAICS 30,831,940 Total County Economic Output = $504.5 million 6.11% Seminole County Economy Agriculture + Directly Related Businesses OUTPUT Output in $ Agriculture + Direct Percent 160,830,136 31.88% 0 0.00% Construction 3,085,065 0.61% Manufacturing 2,348,585 0.47% 104,495,602 20.71% Trade 45,159,402 8.95% Finance-Ins-Real Est 70,894,425 14.05% Services 86,830,271 17.21% Mining Trans-Utilities-Info Govt. & non-NAICS 30,831,940 Total County Economic Output = $504.5 million 6.11% Seminole County Employment Total Jobs = 3,680 Mining 0 0.0% Construction Manufacturing 0 33 0.0% 0.9% Trans-UtilitiesInformation 288 7.8% Trade 580 15.8% AG + Directly Related 733 19.9% Finance-Ins- Real Est 171 4.6% State & Federal Government 309 8.4% Public Education 231 6.3% Other Services 645 17.5% Primary data source: Center for Agribusiness & Economic Development, UGA Professional Services 690 18.8% An Economic Snapshot of Seminole County How much of Seminole County’s total economic output comes from food and fiber production? AG value alone of $100.5 million consisting of Farm Gate Value and landscape services comprises 19.9% of the county’s economy. AG plus directly related businesses (ex. Ag Support Services, Processing, etc.) comprise 31.9% of the county’s economy. What is the Impact? What is the total (direct and indirect) impact of food and fiber production and directly related industries? This scenario illustrates how other industries are affected by the presence of food and fiber in the county. The indirect impacts measure output created due to food and fiber production and processing in the county. What Impact Means: A Brief Explanation The impact numbers capture the ripple effects that food and fiber create in the county’s economy. Many other sectors rely in part on the existence of food and fiber for sales. Labor Seed Utilities Seminole County Agriculture IMPACT Direct $ Agriculture Indirect $ 100,503,211 0 Mining 0 124,754 Construction 0 1,233,896 Manufacturing 0 101,921 Trans-Utilities-Info 0 2,992,775 Trade 0 3,415,167 Finance-Ins-Real Est 0 8,600,086 Services 0 6,537,176 Govt. & non-NAICS 0 595,099 Total 100,503,211 23,600,875 Total Impact of Production AG = $124.1 million 24.6% of total economy Seminole County Production Agriculture + Directly Related Businesses IMPACT Direct $ Agriculture + Direct Mining Construction Manufacturing Trans-Utilities-Info Trade Finance-Ins-Real Est Services Govt. & non-NAICS Total Indirect $ 160,830,136 0 0 0 0 0 0 0 0 160,830,136 Total Impact of AG + Directly Related = $198.1 million 39.3% of total economy 0 124,754 1,307,158 106,822 8,870,019 6,141,622 10,638,146 9,284,972 795,306 37,268,799 Seminole County Production Agriculture + Directly Related Industries Employment IMPACT Direct Agriculture + Direct Indirect 733 0 Mining 0 0 Construction 0 2 Manufacturing 0 0 Trans-Utilities-Info 0 60 Trade 0 81 Finance-Ins-Real Est 0 53 Services 0 147 Govt. & non-NAICS 0 9 Total Impact of AG + Directly Related Employment = 1,086 Jobs 29.5% of total employment What These Numbers Mean: A Brief Explanation Direct impact is $160.8 million. This includes food and fiber production, processing and directly related manufacturing. Indirect impact from related sectors is $37.3 million. This captures the effects of farmers (direct source) buying supplies (seed, fertilizer, work boots) from local stores. These stores must increase their output to meet farmer demand. What These Numbers Mean: A Brief Explanation (continued) As local stores increase their output, they may demand more stock from local wholesalers (also in the Trade sector). Local wholesalers demand more from local manufacturers, thus increasing activity in the Manufacturing sector. Local stores also hire employees to assist farmers. They take home wages and buy groceries at the local store which increases demand there. Seminole County Food and Fiber Impact Conclusions The total impact of food and fiber production, processing and direct manufacturing is $198.1 million. The total county output is $504.5 million. Thus, food and fiber (directly and indirectly) account for 39.3% of the total county output, considering the multiplier effects. Contact Information Prepared by: Sharon P. Kane, Public Service Associate, Economist Karen Stubbs, Research Professional Center for Agribusiness & Economic Development Dr. Kent Wolfe, Director “Adding Value to Georgia's Agricultural Economy Through Research and Extension“ To learn more about your county, go to: http://www.caed.uga.edu/ ...click on “Resources”, then “Georgia Statistics System” Ag Profile Report #13-09A