South Dakota

State Quick Facts

Population
884,659

Total State GDP
 $53,305,700,000

State Land Area (Acres)
48,519,040

Land in Forest
4%

Land in Farms
89%

Number of Farms
29,600

Average Farm Size (acres)
1,459

Farm Real Estate Value (per acre) 
$2,070

Agricultural Cash Receipts 
 $9,108,981,000

Cash Receipts from Crops 
 $5,037,295,000

Cash Receipts from Animals 
 $4,071,685,000

Top Ag. Commodities

Cattle and Calves
 $2,726,006,000

Corn
 $2,312,030,000

Soybeans
 $1,918,529,000

Hogs
 $585,716,000

Dairy Products, Milk
 $466,581,000

Top Ag. Exports

Soybeans
 $899,135,824

Corn
 $581,696,212

Feeds and Other Feed Grains
 $385,507,113

Beef and Veal
 $339,599,229

Soybean Meal
 $269,009,223

South Dakota Economic Contribution and Impact Research

In 2018, South Dakota generated around $9.1 billion in agricultural cash receipts with the highest valued commodities being cattle and calves, corn, and soybeans. That same year, the value of South Dakota’s agricultural production and processing industries represented 9.1 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 South Dakota’s food, fiber, and forest industries can be found below.

Websites:

Information related to South Dakota’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.