Agriculture is the key to Indiana’s economic foundation. It adds $25 billion to Indiana’s economy from farm, food and forestry products. Indiana agriculture has a dramatic $10 billion multiplier effect on local economies, which ends up as a ripple effect. For every dollar in direct wages and income from farm, food and forest workers, more than 2.5 times that amount flows into a local economy.
More than 16 percent of Indiana’s workforce is connected to agriculture, with 573,874 Hoosiers employed by farms. Out of almost 59,000 farms, two-thirds grow crops and one-third raise livestock.
Indiana is ranked 10th in national total agricultural production and is also in the top five for crop production, especially corn and soybeans.
Livestock also plays a large part of Indiana agriculture. It is ranked fifth in swine production, third in poultry.