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Report Shows Iowa Ag Made Up More Than A Fifth Of State’s Economic Output In 2022

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Iowa’s agriculture remains the central driving force behind the state’s economy, contributing an estimated $159.5 billion in 2022, according to a new study by the Coalition to Support Iowa’s Farmers (CSIF). The study, which analyzed data from the 2022 USDA Census of Agriculture and other sources, revealed that over 22% of Iowa’s total economic output came from agriculture. Agriculture employs nearly one in every five Iowans, accounting for more than 385,000 jobs. Spencer Parkinson of Decision Innovation Solutions, who conducted the study, says, “This study underscores how productive and innovative farmers continue to be, despite some very challenging times during Covid. In fact, since the first report of this nature was completed by DIS in 2009, the labor income finding its source in agriculture and related industries has more than doubled, increasing from $12.6 billion to $25.8 billion in 2024. These earnings benefit more than just those in agriculture; they support all Iowans.” Brian Waddingham, CSIF Executive Director, also highlighted the importance of livestock farming, which contributes $20.4 billion in value-added contributions and nearly 170,000 jobs. He emphasized the role of livestock farming in sustaining local communities and the continued interest among farmers to diversify and expand their operations. For more information and to review the study’s details, follow the link included below.

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www.supportfarmers.com/iowaagintel