Indiana

State Quick Facts

Population
6,732,219

Total State GDP
 $377,104,300,000

State Land Area (Acres)
22,928,640

Land in Forest
21%

Land in Farms
65%

Number of Farms
56,000

Average Farm Size (acres)
266

Farm Real Estate Value (per acre) 
$6,580

Agricultural Cash Receipts 
 $10,500,857,000

Cash Receipts from Crops 
 $6,702,744,000

Cash Receipts from Animals 
 $3,798,113,000

Top Ag. Commodities

Corn
 $3,313,749,000

Soybeans
 $2,851,384,000

Hogs
 $1,199,559,000

Chicken Eggs
 $796,467,000

Dairy Products, Milk
$649,038,000

Top Ag. Exports

Soybeans
 $1,313,500,996

Corn
 $875,156,364

Feeds and Other Feed Grains
 $547,270,785

Soybean Meal
 $392,981,653

Pork
 $364,040,594

Indiana Economic Contribution and Impact Research

In 2018, Indiana generated around $10.5 billion in agricultural cash receipts with the highest valued commodities being corn, soybeans, and hogs. That same year, the value of Indiana’s agricultural production and processing industries represented 4.3 percent of total state GDP. Some of the dollars generated by these industries end up being re-spent within the local economy, bringing additional value to the state through “multiplier effects.” Economic impact and contribution studies measure these effects, which can be broken down into direct, indirect, and induced economic effects.

Websites, reports, fact sheets, and articles related to the economic impacts and contributions of Indiana’s food, fiber, and forest industries can be found below.

Websites:

Information related to Indiana’s food, fiber, and forest industries can be found by visiting the following website(s):

*As of 2018, no standard methodology exists for producing economic impact or economic contribution reports.  Please exercise caution when viewing and comparing reports as each may vary significantly in terms of source data and analysis and reporting methodology.