Economic Importance of Livestock and The Economic Importance

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The Economic Importance
of Agriculture Series
This brochure is one of a series of
publications from the Center for Agribusiness and Economic Development.
The goal of these brochures is to inform Georgians of the essential role
agriculture plays in the economy. Others in the series include:
∗
Economic Importance of Food and
Fiber Production and Processing
∗
Poultry and Eggs
∗
Row and Forage Crops
∗
Vegetables
∗
Ornamental Horticulture
∗
Forestry and Related Products
∗
Fruits and Nuts
The Center for Agribusiness
and Economic Development is a unit
of the College of Agricultural
and Environmental Sciences,
combining the missions of research
and extension.
Economic
Importance
of Livestock and
Aquaculture
in Georgia
The University of Georgia and Fort Valley State University, the
U.S. Department of Agriculture and counties of the state
cooperating. The Cooperative Extension Service offers
educational programs, assistance and materials to all people
without regard to race, color, national origin, age, gender or
disability. An equal opportunity/affirmative action organization
committed to a diverse work force.
Scott Angle, Dean and Director
Food and Fiber Production Value
Georgia, 2006
F ruit s &
N ut s
3 .0 %
P o ult ry &
E ggs
4 2 .4 %
O t he r
Inc o m e
6 .2 %
F o re s t ry &
P ro duc t s
6 .4 %
O rna m e nt a l
H o rt ic ult ure
7 .4 %
Row &
F o ra ge
C ro ps
14 .5 %
V e ge t a ble s
8 .0 %
Liv e s t o c k
& A qua c ult ure
12 .2 %
Center for Agribusiness and Economic Development
John C. McKissick, Director
The Lumpkin House, Athens, GA 30602
Phone: 706-542-0760
Fax: 706-542-8934
Email: caed@agecon.uga.edu
To access this brochure series as well as other data related
to Georgia and its counties, visit our websites at:
www.caed.uga.edu
www.georgiastats.uga.edu
Total Farm Gate Value = $10.4 billion
Source: 2006 Georgia Farm Gate Value Survey
Brochure Series 07-04
Center for Agribusiness and
Economic Development
“Adding Value to Georgia’s
Agricultural Economy
Through Research and Extension”
Georgia’s
Livestock & Aquaculture
Industry
The livestock and aquaculture industry is dynamic
OUTPUT IMPACT
EMPLOYMENT IMPACT
⇒ Livestock producers and processors create
ducers and processors
direct sales of $2.3 billion.
⇒ These sales, in turn, generate additional sales in
in Georgia. Livestock has long been an important
component of Georgia’s agricultural economy.
Though beef, dairy and pork remain the top live-
workers in Georgia
the state economy, creating another $1 billion
which include full-time
of indirect economic impact.
and part-time jobs.
Economic Impact Due to Livestock
Industry: Georgia, 2006
has become a significant industry. Additionally,
there has been increased interest in goat, quail,
industry) provides an additional 7,932 jobs. This
group includes those who provide inputs to livestock such as feed and animal health supplies. In-
$4
and catfish production.
B eef
36 . 0 %
C a t f is h
0 .5 %
Billions of Dollars
creased wage spending creates jobs in other sec-
Livestock & Aquaculture
Farm Gate Value by Percent
Georgia, 2006
O t he r
2 . 1%
directly employ 37,167
⇒ Indirect employment (those relying on the livestock
stock commodities, raising and breeding horses
S he e p
0 .0 %
⇒ Livestock industry pro-
$3
$3.3
$2
Em ploym ent Due to Livestock Industry:
Georgia, 2006
$2.3
$1
$1.0
50,000
$0
Q ua il
1. 8 %
tors, such as retail sales and health services.
D i r ect
Ind ir ect
T o t al
40,000
30,000
P o rk
7 . 1%
D a iry
18 . 4 %
H o rs e s
32 . 9 %
Go ats
1. 1%
GEORGIA LIVESTOCK FACTS:
•
•
•
•
The livestock & aquaculture commodity
group had a total farm gate value of $1.3
billion in 2006.
Beef, horse, and dairy production all rank in
the Top Ten for farm gate value among all
agricultural commodities in the state.
Half of all Georgia farms have cattle and
calves and are located throughout all regions of the state. (2002 U.S. Census of Agriculture)
The farm gate value of goat production has
more than doubled since 1999.
⇒ Livestock and aquaculture production generates
a total economic impact of $3.3 billion for the
45 , 098
3 7 , 16 7
20,000
10,000
7 , 932
0
State of Georgia.
D ir ect
2006 Livestock & Aquaculture Farm Gate Value by County
$0-$3 million
$3-$5 million
$5-$10 million
$10-$15 million
$15-$36 million
I nd i r ect
T o t al
⇒ A total of 45,098 jobs are created due to the livestock and aquaculture industry in Georgia.
STUDY METHODOLOGY
⇒ This study used an
input-output
model called IMPLAN to determine the effects of
the livestock industry in Georgia.
⇒ Data used came from IMPLAN as well as from the
2006 Farm Gate Value Report. Production includes
the major industrial sectors included in this series.
Processing includes all industries which rely directly
on the production of agricultural products in Georgia.
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