Montana

State Quick Facts

Population
1,068,778

Total State GDP
 $52,169,100,000

State Land Area (Acres)
93,149,440

Land in Forest
28%

Land in Farms
62%

Number of Farms
26,800

Average Farm Size (acres)
2,164

Farm Real Estate Value (per acre) 
$2,850

Agricultural Cash Receipts 
 $3,559,939,000

Cash Receipts from Crops 
 $1,953,707,000

Cash Receipts from Animals 
 $1,606,232,000

Top Ag. Commodities

Cattle and Calves
 $1,365,683,000

Wheat
 $930,801,000

Hay
 $432,137,000

Barley
 $155,052,000

Dry Beans
 $93,370,000

Top Ag. Exports

Wheat
 $528,314,773

Beef and Veal
 $170,133,482

Feeds and Other Feed Grains
 $92,829,158

Grain Products, Processed
 $90,482,546

Other Plant Products
 $77,408,600

Montana Economic Contribution and Impact Research

In 2018, Montana generated around $3.6 billion in agricultural cash receipts with the highest valued commodities being cattle and calves, wheat, and hay. That same year, the value of Montana’s agricultural production and processing industries represented 4.5 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 Montana’s food, fiber, and forest industries can be found below. 

Websites:

Information related to Montana’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.