jessica bloomberg executive director iowa state dairy association april 16, 2013
TRANSCRIPT
The Economic Impact ofIowa’s Dairy Industry
Jessica BloombergExecutive Director
Iowa State Dairy Association April 16, 2013
Industry Overview Iowa1,750 dairy farms
includes cows, goats and one dairy sheep farm family-owned
210,000 dairy cows herd sizes– 10 cows to 6,000 cows
4.34 billion pounds of milk annually 2.25% of the 192.8 billion pounds in total U.S. milk
production ranks 12th nationally in total pounds of milk
produced
Iowa’s Processing ScopeIowa ranks among the top 10 states in— fluid milk bottling (9th)total dairy products processed (8th)cheese production (7th)cottage cheese production (6th)American cheese production (6th) ice cream production (4th)
Iowa has— • 11 milk bottling plants processing fluid milk• 10 plants processing dry milk products• 11 plants processing cheese • 7 plants processing ice cream• more than 12 receiving and transfer stations to
facilitate sales and transportation of milk
Dairy cows and the economic activity that they generate in the local economy have always and continue to be one of the most robust economic stimuli that exist.
(Iowa State University’s Iowa’s Dairy Industry: An Economic Review)
Iowa’s Dairy Industry…Has a total economic impact per cow through
direct/indirect and induced commerce of $23,445.
Each cow generates the equivalent of point one (.1) full time job created throughout the entire dairy and processing sectors. (Every 10 cows = 1 full time job)
More than 22,000 jobs are supported by the activities directly, indirectly and induced by a strong dairy presence.
Dairy farms are GREAT for Iowa!The Iowa dairy industry involves over $715 million in sales of milk produced and $1.2 billion of processed dairy products making it 1 of the 5 largest commodity groups in the state.
Including the secondary impacts of input purchasing and consumer spending by farmers and workers involved in the dairy industry brings the total economic effects to $4.9 billion.
Why Iowa?Our Resources!WaterLandPeopleTransportationTop markets
To read the entire study Iowa’s Dairy Industry: An Economic
Review, log on to ISDA’s website at
www.iowadairy.org.
