Agricultural Business Feeds Minnesota's Economic Bottom Line
Thursday, March 22, 2018
Agriculture and food production is a major staple of the Minnesota economy
Minnesota’s early economy was built on fur trading and farming, with flour being an early commodity. While the state has grown into a tech and research hub, the business of producing goods from fertile Minnesota land continues to help anchor the state’s booming economy.
Minnesota’s agricultural production and processing industry entails $57.5 billion in sales more than 147,000 jobs overall. The food production industry has more than 46,000 workers, making it the largest manufacturing segment in the state by total workers. Minnesota companies also sent nearly $6.2 billion in food exports in 2015, according to the Minnesota Department of Agriculture. Cargill, the largest privately held company in the U.S., calls Minnesota home.
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