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The Indiana Hog Industry: Trends and Economic Importance

by 5m Editor
29 December 2005, at 12:00am

By Indiana Pork Producers Association - The Indiana hog industry represents a major contributor to the overall Indiana economy, contributing $738 million in farm cash receipts to the state economy in 2004, 12 percent of the total farm cash receipts.

Meat animal production is the third largest source of agricultural income in Indiana after corn and soybean contributing $962 million to farm income of which hog production accounts for 77 percent (Indiana Agricultural Statistics, 2004).

Indiana had 3,200 hog farms with 3.2 million hog and pig in inventory in 2004 (National Agricultural Statistic Service). Restructuring has resulted in a decline in the number of hog operations in recent years and the number of hogs marketing in Indiana between 1980 and 2004 has experienced some fluctuations as well (Figure 1).

The Indiana Hog Industry: Trends and Economic Importance

The Indiana hog industry employs 13,243 people ranging from input suppliers, producers, processors and businessmen. The industry generates an estimated of $446,291,407 of personal income and $2,926,818,630 of gross state product (2004).

This report documents trends in Indiana hog production, structure and the associated economic activities in terms of employment, income and value added associated with the industry.

To read the full report, including all the tables and graphs: Click here

Indiana Pork Producers Association - December 2005