Research

New Economic Contribution Study of Agriculture Shows Industry Adds More Than $37B to Minnesota Economy

MCPR and more than two dozen leading Minnesota agricultural stakeholder groups released the 2020 Economic Contribution Study of Minnesota Agriculture and Forestry. This comprehensive new report demonstrates the significant contribution agriculture has in Minnesota, from adding $37.1 billion in value to the state’s economy to creating more than 388,000 jobs. The study was conducted to show the overall economic contribution of agriculture to Minnesota’s economy with further breakdowns by county and industry. Key highlights from the study found that agriculture and related industries in Minnesota are estimated to contribute:

• $37.1 billion in total value added
• 388,134 jobs
• $105.6 billion in output (sales)
• $21.4 billion in household income

Of the $37.1 billion in total value added and 388,134 jobs from the agriculture, agri-food, forestry, and related economic activity:

• Crop production and related industries contributed:
  • $8.7 billion in value added
  • 84,648 jobs

The study includes data and breakdowns by county, industry and more. You can read the full 2020 Economic Contribution Study of Minnesota Agriculture and Forestry here.