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.