According to estimates prepared by the Kansas Department of Agriculture and based on the IMPLAN economic data model, the wheat industry in Kansas has a direct output of over $1.44 billion and creates 3,215 jobs in the state.
How much money does Kansas make from agriculture?
Agriculture is the largest economic driver in Kansas, with a total contribution of $67 billion to the Kansas economy. The agriculture sector in Kansas supports more than 238,000 jobs through direct, indirect and induced effect careers, or about 12% percent of the entire workforce in the state.
How much of the world’s wheat does Kansas produce?
1 in wheat production, according to the 2017 Census of Agriculture. Kansas farms produced 319 million bushels of wheat from 7 million harvested acres, accounting for almost 18 percent of all wheat grown in the United States.
How much money does wheat make?
Stand-alone wheat has a $112 per acre return, less than half the $237 per acre return for corn with a yield of 220 bushels per acre. Wheat yield would have to exceed 108 bushels per acre before wheat is more profitable than corn. The $297 per acre return for soybeans is $185 higher than stand-alone wheat.
How does Kansas make their money?
In 2020, Kansas generated around $17.4 billion in agricultural cash receipts with the highest valued commodities being cattle and calves, corn, and soybeans. That same year, the value of Kansas’s agricultural production and processing industries represented 6.8 percent of total state GDP.
What is the biggest industry in Kansas?
Meatpacking and dairy industries are major economic activities, and the Kansas City stockyards are among the nation’s largest. Food processing ranked as the state’s third largest industry in the 1990s. The two leading industries are the manufacture of transportation equipment and industrial and computer machinery.
What is Kansas biggest crop export?
The state’s largest manufacturing export category is transportation equipment, which accounted for $2.7 billion of Kansas’s total goods exports in 2018.
Agriculture in Kansas depends on Exports.
| 2017 Value | 2017 State Rank | |
|---|---|---|
| wheat | $968 million | 2 |
| soybeans | $896 million | 10 |
| beef and veal | $891 million | 3 |
Which US state produces the most wheat?
Kansas
Top U.S. states with highest wheat production 2020 & 2021. This statistic shows the states with the highest wheat production in the United States from in 2020 and 2021. Kansas was ranked as the first leading wheat production state with about 363 million bushels produced in 2021.
Where does the US get most of its wheat from?
Drivers
- Mexico, the Philippines, Japan, and South Korea continue as consistent buyers of U.S. wheat, accounting for 41 percent of total U.S. wheat exports.
- China was the largest growth market for U.S. wheat in 2020.
Who is the largest producer of wheat?
China
China has the largest land area devoted to wheat production, followed closely by the United States, India and the Russian Federation.
Who is the richest farmer in the world?
Qin Yinglin
Qin Yinglin (Chinese: 秦英林; pinyin: Qín Yīnglín, born 1965) is a Chinese agriculture tycoon, billionaire, Communist Party member, and the world’s richest farmer. He is the chair and president of the pig farming company Muyuan Foodstuff and is one of the richest people in China. According to Bloomberg Billionaires Index,
What’s the most profitable crop?
The highest yielding crops are sugar cane, sugar beet, and tomatoes. Sugar cane accounts for about 80% of the world’s sugar production, while sugar beet the remaining 20%. Not surprisingly, the most lucrative cash crops from a value per acre perspective are illegal in many parts of the world.
How much money does wheat make per acre?
Wheat Revenue:
As of August 2020, the USDA agricultural price report notes wheat was selling for $4.55 per bushel. One acre of wheat yields an average of 37.1 bushels, worth $168.81 per acre.
What is Kansas the largest producer of?
wheat
The production of its farms and ranches has placed Kansas first among the U.S. states in wheat and first in sorghum grains; it also has ranked high in wild hay, beef, and hogs. Kansas has remained the country’s leader in wheat milling, despite some decline, and is among the top producers of processed beef.
Who is Kansas City’s largest employer?
Federal government The federal government
Federal government. The federal government is the largest employer in Kansas City. In the wider metropolitan area, the federal government, either directly or through contracts, employs 41,500 people.
Is Kansas a rich state?
The 2017 version of Rich States, Poor States had Kansas at #11 for GDP growth between 2005 and 2015, but slower growth between 2009 and 2019 has Kansas at #29. The state’s Domestic Migration ranking dropped from #35 to #40, and the Non-Farm Employment rank plummeted from #25 to #41.
What is the number 1 industry in Kansas?
Today, Kansas’ main industries include manufacturing, bioscience, wind energy, professional services, renewable fuels and bioenergy. Family-owned farms and ranches account for most of the state’s approximately $20 billion agriculture industry.
What are the top 5 industries in Kansas?
Here are five of the top industries in Kansas:
- Agriculture.
- Cattle Production.
- Energy.
- Aviation.
- Non-fuel Industrial Minerals.
What drives Kansas City economy?
Kansas City’s top industries are manufacturing, professional and technical services, healthcare and transportation.
Does Kansas have more corn or wheat?
A 2010 Kansas Farm Bureau report states that Kansas leads the nation in the production of both wheat and grain sorghum. It ranks 7th in corn production, 10th in soybean production and in the top three in sunflower production.
What state has the most farms?
Texas
Texas has the most farms in the United States followed by Missouri & Oklahoma. Texas has the most farms in the United States followed by Missouri & Oklahoma.