Nebraska is blessed with a "profoundly significant and diverse agricultural production complex" that gives it great economic momentum as a leader in the ever-expanding global food economy, according to a new report from the University of Nebraska-Lincoln.
The report uses statistics from 2010 to paint a picture of the prowess of the state's ag-based economy. Its percentage share of the state's total economy is unmatched anywhere except South Dakota.
But the authors also caution that Nebraskans should develop a more comprehensive statewide strategy for long term sustainability of its ag industry to contend with "growing external forces that may not have the best long-term interests of Nebraska in mind."
To Nebraska, Agriculture is 'Profoundly Significant'
"The 2010 Economic Impact of the Nebraska Agricultural Production Complex" was written by Eric Thompson, UNL Bureau of Business Research; and Bruce Johnson and Anil Giri, UNL Department of Agricultural Economics.