Wisconsin Soybeans Grow our Economy
WI Animal Agriculture Impact Report: View Information
Soybeans grown in Wisconsin are important to agriculture, local communities and the economic well-being of our state. One of the key uses of Wisconsin soybeans is Soybean meal (SBM) fed to food producing animals in our state. This in turn has a significant impact on the state’s economy.
In 2012, animal agriculture had the following positive Wisconsin economic impacts:
- Job impact throughout the economy – 111,000 jobs
- Impact on total output in the economy – $1.6 billion
- Impact on household income – $2.9 billion
- Impact on income taxes paid – yielded $765 million
- Impact on property taxes paid – $307 million receipts (last Census of Agriculture - 2007)
- Animal agriculture is a soybean farmer’s #1 customer. Animal agriculture encompasses mainly dairy, beef cattle, hogs, broilers, turkeys, eggs, sheep and aquaculture. Together the poultry and livestock industries eat 98 percent of the soybean meal in the United States.
- Animal agriculture in 2012 used an estimated 519,000 tons of SBM: 48% in milk production, 12% for turkey production, 7% for beef production, 10% for pork production, 10% for broilers, and 6% for eggs.
- Sixty five percent of Wisconsin soybeans are exported with much of that demand being driven by China. Two out of every 3 soybean rows are sent to other countries.
- Agriculture employs one out of every ten workers in our state, building a strong economic foundation. We all benefit from this economic activity which leads to better public services, roads and schools. This report provides a concise look at the positive impact animal agriculture has had on Wisconsin's economy.
- Over the past decade, the expansion of animal agriculture in Wisconsin has led to increases of $2.5 billion in economic output, $467 million in household wages, 18,100 jobs and $125million in tax revenue.