connecting colorado’s economy: agriculture

Timothy J. LarsenMarkets Division

Colorado'sColorado'sAgricultural IndustryAgricultural Industryand Export Outlookand Export Outlook

• Agriculture in Colorado

• Agriculture’s importance to Colorado’s economy

• Agriculture’s importance to Eastern Colorado

• Export impact on Colorado (&US) agriculture

• Impact of NAFTA trade on Colorado (&US) agricultural exports

Colorado Department of Agriculture

• CDA is charged with: Strengthening and advancing Colorado’s

agriculture industry; Ensuring a safe, high quality, and sustainable food

supply; and Protecting consumers, the environment, and natural

resources.

Photo courtesy of Richard Gann

Ag’s Impact on Colorado

Ag’s Impact on the State Economyfarm/ranch sales (2010)

Crops – 38% $2.27 Billion

Livestock & Products 62%, $3.75 Billion

Colorado’s Top 10 Based on 2010 Cash Receipts

     2010 Cash Receipts2010 Cash Receipts

(Million $)(Million $)

#1#1 Cattle & calvesCattle & calves 3,1573,157

#2#2 Dairy (milk)Dairy (milk) 457457

#3#3 Corn for grainCorn for grain 604604

#4#4 WheatWheat 500500#5#5 ProduceProduce 390390

#6#6 HayHay 287287

#7#7 Greenhouse & nurseryGreenhouse & nursery 254254

#8#8 HogsHogs 194194

#9#9 Sheep & lambsSheep & lambs 111111

#10#10 Poultry & eggsPoultry & eggs 8585Total cash receipt for top 10 Total cash receipt for top 10

commoditiescommodities 5,9545,954

99%99%

What Colorado’s known for:LIVESTOCK

Cattle– #10 All cattle– #14 Beef Cows– #5 Beef on feed

Dairy– #15 Milk production

Sheep/lambs– #4 Wool production– #3 Market Sheep/lambs– #7 Breeding Sheep– #4 All sheep

Hogs– #12 Pig crop– #11 Breeding hogs

What Colorado’s known for:CROPS

• #1 Millet• #4 Sunflowers (oil)• #6 Sunflowers (confect)• #6 Barley• #8 Sugarbeets• #8 Spring wheat• #9 Sorghum• #10 Hay• #11 Winter Wheat

What Colorado’s known for:FRUITS & VEGETABLES

• #3 Head Lettuce• #3 Romaine Lettuce• #3 Leaf Lettuce• #4 Spinach• #4 Potatoes• #5 Cantaloupe• #6 Sweet Corn

• #7 Onions• #8 Cabbage• #9 Dry edible beans • #7 Peaches• #8 Pears• #24 Apples

Colorado acreage76% in agricultural

production (50.8 M acres) Private ownership• 19.6 million pasture/grazing• 11.5 million acres cropland

– 8.9 dryland crops– 2.6 million irrigated crops

US Forest Service land (63.3%)• 9.2 m ag. lease

BLM land (93%)• 7.7 m ag. leases

State land (95%)• 2.84 m leased for agricultural

production

Economic Activity

• Colorado’s agriculture and food industry contributes $41 billion to the state’s economy annually

• Colorado’s agriculture & food industry supports more than 172,921 jobs in Colorado

Jobs

• Many of Colorado’s counties are “Ag-Dependent”

In 24 of Colorado’s counties, 1 in every 10 jobs is tied to the ag and food industry

1 in every43 jobs is tied to the ag and food industry in 12 of Colorado’s 64 counties

Real JobsIn urban counties, ag. contributes

41,219 jobs

13,436 Denver County 7,717 Jefferson County 8,799 Adams County3493 Arapahoe County3604 Boulder County4259 Larimer County2911 El Paso County

“Ag-Dependent” Counties

Exports of Colorado Agricultural & Food Products

• ’10 exports estimated at more than $1.65 billion.

• In recent years, food and agricultural products from Colorado have been imported by more than 100 countries.

• An estimated one of every three Colorado food and agricultural suppliers sells some of their product outside the U.S.

Source: Adapted by CDA from World Trade Atlas and ERS data

COLORADO AG. EXPORTS

Value in U.S. @ millions

2007 $1,500.2

2008 $1,665.8

2009 $1,470.8

2010 $1,646.1

2011 $1,838.0

Top Agricultural & Food Product Exports

Source: Adapted by CDA from World Trade Atlas and ERS data

Top Export Markets for Colorado Agricultural Products

Source: Adapted by CDA from World Trade Atlas and ERS data

Colorado and US Agricultural ExportsColorado in US $ Millions, US in US $ Billions

US Total Export trends2006 to 2011

• All US exports grew 44.3% to $1.451 trillion in 2011

• All US exports in Ports to Plains states grew 61.1% during the same period

• All US agricultural exports grew 82.1%

• All US ag. Exports in P to P states grew 115.3%

US Trade with Canada and Mexico 2006 to 2011

• US total exports to NAFTA increased 31.3%

• US agricultural exports to NAFTA increased 56.9%

• P to P total exports to NAFTA increased 52.0%

• P to P ag. Exports to NAFTA increased 114.6%

Top 3 market export trends 1993 – 2006

Impact of Canada and Mexico Ag Exports to Colorado Agriculture

2006 to 2011

• All Colorado exports dropped 7.8% from 2006 to 2011

• Colorado’s ag exports increased 75.8%

• All Colorado exports to NAFTA dropped 27.2%

• Colorado agricultural exports to NAFTA increased 32.9%

• Ag. Exports equal 17.6% of Colorado’s total exports and 28.6% of all state exports to NAFTA

For More Information:

Timothy J. Larsen

Sr. International Marketing Specialist

Colorado Department of Agriculture

Tel: (303)239-4118

E-mail: tim.larsen@ag.state.co.us

Or visit: www.coloradoagriculture.com