Kentucky

State Quick Facts

Population
4,467,673

Total State GDP
 $214,671,200,000

State Land Area (Acres)
25,271,040

Land in Forest
49%

Land in Farms
51%

Number of Farms
74,800

Average Farm Size (acres)
172

Farm Real Estate Value (per acre) 
$3,820

Agricultural Cash Receipts 
 $5,899,773,000

Cash Receipts from Crops 
 $2,532,013,000

Cash Receipts from Animals 
 $3,367,761,000

Top Ag. Commodities

Broilers
 $1,102,069,000

All Other Animals and Products
 $1,058,043,000

Soybeans
 $906,051,000

Corn
 $743,455,000

Cattle and Calves
 $738,867,000

Top Ag. Exports

Other Livestock Products
 $466,741,664

Soybeans
 $401,368,894

Tobacco
 $283,622,182

Corn
 $191,247,546

Feeds and Other Feed Grains
 $158,510,023

Kentucky Economic Contribution and Impact Research

In 2018, Kentucky generated around $5.9 billion in agricultural cash receipts with the highest valued commodities being broilers, all other animals and products, and soybeans. That same year, the value of Kentucky’s agricultural production and processing industries represented 6.4 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 Kentucky’s food, fiber, and forest industries can be found below. 

Websites:

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

Contribution and Impact Research Documents:

The following are current and historical studies, fact sheets, and articles related to Kentucky’s food, fiber, and forest industries.  These can be viewed and/or downloaded by clicking the images or links below:

2020- Fact Sheet- Feeding the Economy, 2019
2018 – Fact Sheet – The Animal Feed and Pet Food Manufacturing Industry is Crucial to American Agriculture, Economy
2017 – Brochure – Fayette County Agriculture Value and Economic Impact
2017 – Report – The Influence of the Agricultural Cluster on the Fayette County Economy
2017 – Report – The Influence of the Agricultural Cluster to Woodford County’s Economy
2017 – Report – Kentucky Agricultural Economic Situation and Outlook Summary
2017 – Fact Sheet – AFPA State Industry Economic Impact
2016 – Report – Economic Analysis of Animal Agriculture 2005-2015
2016 – Summary – 2015-2016 Kentucky Agricultural Economic Situation and Output Summary
2016 – Report – Kentucky Forestry Economic Contribution Report
2016 – Fact Sheet – Kentucky Forestry Economic Contribution Summary
2015 – Report – The Importance of Agriculture for Kentucky
2015 – Report – Kentucky Forestry Economic Impact Report
2015 – Report – Agricultural Situation Outlook
2015 – Fact Sheet – AFPA State Industry Economic Impact
2014 – Report – Kentucky Forestry Economic Impact Report
2014 – Fact Sheet – Kentucky Forestry Economic Impact Summary
2013 – Outlook – The Kentucky Agricultural Economic Outlook for 2014

 

*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.