Livestock industry is good for local economies

Livestock industry is good for local economies

Greg Lardy

AgWeek

When one compares to our neighboring states, the lack of livestock activity is apparent. While the livestock industry accounts for approximately 42, 44 and 40 percent of the gross agricultural receipts in Minnesota, Montana and South Dakota, respectively, in North Dakota it only accounts for 14 percent of gross agricultural receipts. In North Dakota, livestock sales account for $1.1 billion in receipts while livestock accounts for $7.1 billion, $1.6 billion, and $3.6 billion in receipts in Minnesota, Montana and South Dakota, respectively.

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