New Report Highlights Agriculture’s $41.3 Billion Impact on North Dakota

(File image)

(KNOX) –  Gov. Kelly Armstrong and Agriculture Commissioner Doug Goehring in collaboration with North Dakota State University (NDSU) along with the North Dakota Department of Commerce, released a comprehensive economic report today underscoring agriculture’s critical role in the state’s economy and rural prosperity.

The study, conducted by NDSU’s Department of Agribusiness and Applied Economics and the Center for Social Research, finds that North Dakota’s agriculture industry generates $41.3 billion annually in gross business volume, supports 123,360 jobs and contributes $10 billion in labor income.

“Agriculture isn’t just an industry. It’s the backbone of our economy and a cornerstone of rural prosperity,” said Dr. Greg Lardy, NDSU vice president for agricultural affairs. “This report reinforces the need for policies that drive investment and innovation in the sector.”

The report, unveiled during a press conference today at the state Capitol, also highlights the continued growth of commodity processing and value-added agriculture, which are driving new economic opportunities across the state.