In 2010, the state of Indiana exports totaled $3.4 billion and agriculture accounted for an estimated 11 percent of this amount. More than 100,000 Hoosiers worked directly on 62,000 farms across the state or are involved in agricultural processing and food manufacturing in 2010. Agricultural exports supported an estimated 35,000 statewide.
A ranking of Indiana's agricultural exports in 2010 included:
- Soybeans (50% of all IN agricultural exports, totaling $1.7 billion)
- Feed grains totaled $800 million
- Livestock and meat
- poultry products
- wheat products
"Efforts to expand existing export markets for agricultural goods, and to open new ones, should have significant positive ripple effects throughout the Indiana economy," the authors concluded. "With this in mind, the degree to which Indiana's agricultural exports increase in the coming years will be an important economic indicator to watch."
For more see:
"IU Kelley School report: Indiana's agricultural exports totaled $3.4 billion in 2010," Indiana University Kelley School of Business, Press Release, 11 April 2012.