ECONOMIC CONTRIBUTION OF THE SUGARBEET INDUSTRY IN MINNESOTA, NORTH DAKOTA, AND EASTERN MINNESOTA

Authors:
Bangsund, Dean A.
Leistritz, F. Larry
Type: Unpublished
Journal title: Agribusiness & Applied Economics Report No. 532
Year of publication: 2004
Source: AgEcon
Collected from: AGRIS
Subject:
cooperatives
policies
Description:Agricultural industries in small geographical areas with limited acreage tend to be overlooked by those not associated with the growing region or industry. Sugarbeets continue to be produced in a relatively small geographic area and on relatively limited acreage in Minnesota, North Dakota, and eastern Montana. These factors, along with continued debate over policies affecting domestic sugar industries and recent industry expansions, help justify a continued assessment of the economic importance of the sugarbeet industry to the regional economy. Revenues from sugarbeet production and expenditures by processors to Minnesota, North Dakota, and Montana entities in fiscal 2003 represented the direct economic impacts from the industry. Expenditure information was provided by sugarbeet processing and marketing cooperatives. Secondary economic impacts were estimated using input-output analysis. The sugarbeet industry, which included the growing regions and processing plants located in the Red River Valley, west central Minnesota, and northwestern North Dakota/northeastern Montana, planted 776,348 acres and processed 14.5 million tons of sugarbeets in 2003. Production and processing activities generated $1.1 billion in direct economic impacts. Gross business volume (direct and secondary effects) from the sugarbeet industry was estimated at $3.1 billion. Direct and secondary employment in the industry was 2,628 and 29,258 full-time equivalent jobs, respectively. State-level tax revenues generated by the industry in the tri-state region were estimated at $62.6 million. In real terms, gross business volume of the sugarbeet industry in Minnesota and eastern North Dakota has increased 76 percent since 1987. Increases in business activity from the industry have resulted from increased production, processing, and marketing activities.
 

Related Resources

Support for Farmers' Cooperatives-Country Report- Greece

Provider: 
Subject: 
products
agricultural products
animal products
plant products
policies
agricultural policies
socioeconomic development
rural development
agricultural development
economics
cooperatives
agribusiness and cooperatives
agricultural practices
farming systems
cooperative farming

Support for Farmers' Cooperatives-Experiences of non-EU OECD Countries

Provider: 
Subject: 
policies
agricultural policies
socioeconomic development
economics
agricultural economics
cooperatives
agribusiness and cooperatives
agriculture
agricultural practices
farming systems
cooperative farming

Ill-Defined Property Rights in Collective Action: The Case of US Agricultural Cooperatives.

Provider: 
Subject: 
policies
agricultural policies
agricultural development
agricultural economics
cooperatives
agribusiness and cooperatives

THE ROLE OF COOPERATIVES IN MILK MARKETING

Provider: 
Subject: 
cooperatives
policies
Collected from: 

IMPACT OF SPATIAL PRICE DISCRIMINATION WITHIN FLORIDA DAIRY COOPERATIVES

Provider: 
Subject: 
policies
cooperatives
Collected from: 

Election and voting policies of agricultural cooperatives

Provider: 
Subject: 
cooperatives
policies
Collected from: 

AGRERI Library

Support for Farmers' Cooperatives-Country Report- Greece

Provider: 
Subject: 
products
agricultural products
animal products
plant products
policies
agricultural policies
socioeconomic development
rural development
agricultural development
economics
cooperatives
agribusiness and cooperatives
agricultural practices
farming systems
cooperative farming

Support for Farmers' Cooperatives-Experiences of non-EU OECD Countries

Provider: 
Subject: 
policies
agricultural policies
socioeconomic development
economics
agricultural economics
cooperatives
agribusiness and cooperatives
agriculture
agricultural practices
farming systems
cooperative farming

Ill-Defined Property Rights in Collective Action: The Case of US Agricultural Cooperatives.

Provider: 
Subject: 
policies
agricultural policies
agricultural development
agricultural economics
cooperatives
agribusiness and cooperatives

External Library

THE ROLE OF COOPERATIVES IN MILK MARKETING

Provider: 
Subject: 
cooperatives
policies
Collected from: 

IMPACT OF SPATIAL PRICE DISCRIMINATION WITHIN FLORIDA DAIRY COOPERATIVES

Provider: 
Subject: 
policies
cooperatives
Collected from: 

Election and voting policies of agricultural cooperatives

Provider: 
Subject: 
cooperatives
policies
Collected from: