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From the Field to the Economy: What Wisconsin Ag Brings to the Table
Manage episode 451015124 series 2908402
Wisconsin agriculture remains a cornerstone of the state's economy, despite facing challenges in 2024. Dr. Steve Deller and Jeff Hadachek, economists with the University of Wisconsin, have released their latest study, The Contribution of Agriculture to the Wisconsin Economy, highlighting trends, challenges, and opportunities as the state moves toward 2025
Hadachek, in his first year with UW Extension, emphasized the significance of food processing. "Of the $116 billion Wisconsin agriculture contributes to the state economy, $107 billion comes from food processing" he noted. "From cheese makers to cranberry processors, much of the value happens off the farm."
Food processing has grown substantially, increasing from $82 billion in 2017 to $107 billion today. "Labor productivity is rising, but fewer workers are spending money in local economies," said Deller.
See omnystudio.com/listener for privacy information.
3933 episodi
Manage episode 451015124 series 2908402
Wisconsin agriculture remains a cornerstone of the state's economy, despite facing challenges in 2024. Dr. Steve Deller and Jeff Hadachek, economists with the University of Wisconsin, have released their latest study, The Contribution of Agriculture to the Wisconsin Economy, highlighting trends, challenges, and opportunities as the state moves toward 2025
Hadachek, in his first year with UW Extension, emphasized the significance of food processing. "Of the $116 billion Wisconsin agriculture contributes to the state economy, $107 billion comes from food processing" he noted. "From cheese makers to cranberry processors, much of the value happens off the farm."
Food processing has grown substantially, increasing from $82 billion in 2017 to $107 billion today. "Labor productivity is rising, but fewer workers are spending money in local economies," said Deller.
See omnystudio.com/listener for privacy information.
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