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NEXT MONTHLY MEETING and PROFESSIONAL DEVELOPMENT is Monday, September 13, 2010    Click here for more information

ST. LOUIS, June 11, 2010 -- A recent St. Louis Agribusiness Club economic study demonstrates how agriculture remains a thriving economic driver in a regional economy that has brought profound challenges to other industries.  The study found that in contrast to other industries that have suffered layoffs, foreign ownership or headquarters moving out of the region, agriculture has brought more jobs and revenue while making a significant global contribution.  This study highlights the important role agriculture plays in supporting a strong and stable economy in the St. Louis Metropolitan region, according to Club President Cindy Myer.  “While many other sectors such as the manufacturing and auto industries are feeling the pinch of the economy and shutting down operations that have provided employment to thousands of St. Louis residents, agriculture has managed to cushion the effects of the deflating economy and continues to thrive as an industry, providing jobs to approximately 20 percent of our Metropolitan region while continuing to grow and prosper,” Myer said.

The study found that Agriculture in the St. Louis region is responsible for:
·$131.2 billion in farm production within 500 miles of St. Louis
·$75 billion global impact (comparable to more than 60% of local gross domestic product)
·265,000  jobs created by agricultural operations in the Metro St Louis area (comparable to 20% of the total metropolitan employment
·3,075,775 acres of farmland in the Metro area ( 56% of total land area)
        - 12,686 farms in the Metro area
        - 26,536 farm operators and farmhands
·$1.1 billion total market value of farm products (42% increase compared to 2002 census of agriculture)
·$842.1 million in farm production expenses

Complete Study - Click here