Presented by: Iowa Economic Development Authority · PDF fileEmail: mark.laurenzo@iowa.gov....

Post on 31-Jan-2018

216 views 0 download

Transcript of Presented by: Iowa Economic Development Authority · PDF fileEmail: mark.laurenzo@iowa.gov....

Presented by:Iowa Economic Development Authority

Iowa Agriculture Facts

IOWA

Total Land Area: 145,741 sq. km.

Total number of farms (2014): 88,000

Total amount of farmland (2014): 12.38 million hectares

Average farm size (2014): 140 hectares

Average dollar value per acre (2014): $20,995/hectare

Total Ag Cash Receipts (2013): $31.2 billion

Value Of Iowa Ag Exports (2013): $10.4 billion

Iowa Agriculture Production

IOWA CORN

Harvested acres of corn for grain (2014): 5.38 million hectares

Corn production (2014): 60.1 million metric tons

Corn, cash receipts (2014 crop year): $8.7 billion

Iowa Agriculture Production

IOWA SOYBEANS

Harvested acres of soybeans(2014): 3.97 million hectares

Soybean production (2014): 13.7 million metric tons

Soybean, cash receipts (2014 crop year): $5.1 billion

Iowa Feeding Animals

IOWA CATTLENumber of cattle & calves on hand (Jan. 1, 2015): 3.9 million head

Total annual cattle marketed (2014): 2.2 million head

Cattle and calves, cash receipts (2014): $4.66 billion

Iowa Feeding Animals

IOWA HOGS

Number of hogs on hand (Dec. 1, 2014): 20.9 million head

Total annual hogs marketed (2014): 43.7 million head

Hogs, cash receipts (2014): $9.2 billion

Iowa Feeding Animals

IOWA CHICKENS

Average number of chickens (egg layers) on hand (2014): 59.1 million head

Total annual egg production (2014): 16.4 billion eggs

Egg, cash receipts (2014): $1.4 billion

Ethanol Production in Iowa

Materials for Sustainable Energy» The Iowa ethanol industry spends more than $7.7 billion on raw materials,

other inputs, goods and services (largest share of this spending is for corn and other grains).

» The Iowa ethanol industry currently uses more than 1.3 billion bushels of corn, or 58 percent of Iowa’s corn crop.

» At 2014 Iowa farm gate prices, this amounts to $5.4 billion of revenue to Iowa corn farmers.

Biodiesel Production in Iowa

Materials for Sustainable Energy» The Iowa biodiesel industry spends more than $750 M on raw materials,

other inputs, goods and services (largest share of this spending is for fats and oils).

» The Iowa biodiesel industry currently uses more than:– 1.3 billion pounds of soybean oil– 310 million pounds of animal fats– 41 million pounds of industrial corn oil (supplied by Iowa ethanol producers) – 31 million pounds of used cooking oil

» The majority of the raw material for biodiesel production in Iowa is procured locally.

Critical Mass

Biorefinery Concentrations in Iowa

Abundant Resources in Iowa

Iowa Wind Industry

Sustainable Energy» Iowa’s cost of industrial electricity (7.29 ¢/kWh) is below the US average

(7.3 ¢/kWh) July 2015» Iowa is situated with major transcontinental gas pipelines crossing the state,

providing access to low cost natural gas in the future» Iowa has 5,708 MW of installed wind capacity and ranks 2nd for total MW

installed in the US » Tax credits exist for wind and biomass generated power

Thank You

Mark LaurenzoManager, Business DevelopmentIowa Economic Development Authority200 East Grand AvenueDes Moines, IA 50309 USA

Office phone: +1.515.725.3191Fax: +1.515.725.3010Email: mark.laurenzo@iowa.gov

iowaeconomicdevelopment.com