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."
"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.