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More Ag News
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Ag News
Ag economy down in Louisiana
BATON ROUGE, La. (AP) _ An LSU AgCenter economist says lower demand for houses and for chicken played a large part in a $1.2 million drop in agriculture's contribution to Louisiana's economy last year. John Westra says the $8.3 billion share in 2009 was the lowest since 2002, when it was $7.5 billion, and down from $9.5 billion in 2008. John Westra says forestry and poultry, the two biggest agriculture businesses, each dropped 25 percent in 2009 _ forestry from $3.3 billion to $2.5 billion, and poultry from $1.2 billion to $884 million in 2009. The figure combines the farmer's sale price _ totaling $4.9 billion last year _ and the price in first step after the farm, called value-added. That was $3.4 billion for 2009. Sugarcane rose 25 percent, to $752 million. © 2010 The Nebraska Rural Radio Association. All rights reserved.
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