Agriculture is an important and diverse industry in the state of Missouri, accounting for an estimated $88 billion in total sales. Two recent studies have explored opportunities to increase the value of the manufacturing portion of the broader agricultural economy.
Teconomy Partners LLC, identified investments to potentially expand Missouri value added agricultural and food manufacturing sales from $45 billion to $70 billion. The study was the first phase in the Show-Me-State Food, Beverage, and Forest Products Manufacturing Initiative.
Released in Feb. 2019 with input from the College of Agriculture, Food, and Natural Resources, along with 21 additional partners such as Lieutenant Governor Mike Kehoe and the Missouri Department of Agriculture, the study identified three recommendations for agricultural expansion:
Enhance regional and local food systems
Expand Missouri's research, development and production of healthful foods
Advance value-added processing activities for major Missouri commodities, such as livestock, soybean, corn, dairy and eggs.
As the Show-Me-State Food, Beverage, and Forest Products Manufacturing Initiative progresses, MU Extension will play a pivotal role in training Missourians interested in growing or starting a new agriculture business.
Show-Me-State Food, Beverage, Forest Products Manufacturing Initiative in a COVID-19 World