Most everyone in the country associates Iowa with raising hogs, but a new study aims to demonstrate just how vital the pork industry is to Iowa’s economy. Pat McGonegle, is C-E-O of the Iowa Pork Producers Association, which funded the study, the results of which are being forwarded to decision makers at all levels.
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The study looks at the statewide picture and takes a closer look at some areas where pork production is prominent.
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The report says the state’s pork industry contributed to 36-point-7-billion dollars in sales with slightly more than one-third for swine production. It also found 18-point-3-billion dollars or nearly half of economic revenue is from the harvest of pigs and another 5-point-4 billion from pork processing.
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The report also found the Iowa pork industry generates 756-million dollars in state and local taxes every year. The study was conducted in late 2016 by Decision Innovation Solutions of Urbandale.