Agriculture is Cause for Celebration in Benton County
19 Sep 2024
News
Agriculture holds a pivotal position in the economy of Benton County, MN. The crops cultivated and livestock raised by local farmers contribute to the state and nation's food supply while providing residents with a significant source of employment. While agriculture's importance is a year-round fact, fall is an excellent time to celebrate its vital role in sustaining local communities and driving economic growth. Benton Economic Partnership is proud to support the individuals and businesses behind local crop, food, and related production that supports the nation’s needs.
Navigating the Changing Landscape: Trends Reshaping Agriculture's Future
Today, agriculture is experiencing a significant transformation driven by various trends shaping the industry's future. Food Business News notes several trends driving change in food and agriculture production. These include technological advancements, such as precision farming techniques and data analytics, to optimize crop yields and resource efficiency.
Additionally, a growing demand for sustainable and regenerative agriculture practices arises as consumers increasingly prioritize environmentally friendly and ethically sourced products. The rise of alternative proteins and plant-based diets is another notable trend, reflecting changing consumer preferences and concerns about health, sustainability, and animal welfare.
These trends present unique opportunities in Benton County. The area is well-positioned to capitalize on these developments with its fertile soil, favorable climate conditions, and strong agricultural infrastructure. By embracing innovation, promoting sustainability, and adapting to evolving consumer demands, local farmers and businesses can enhance their competitiveness and contribute to the region’s economic prosperity.
Driving Economic Diversity: Agricultural Influence in Benton County
Agriculture is a fundamental pillar of Benton County’s economy. The USDA 2022 Census of Agriculture reports there are nearly 700 farms in Benton County at an average of 196 acres, each producing an average annual market value of agricultural products sold of approximately $400,000 per farm. The primary crops were corn, wheat, and oats, while the leading livestock were cattle and hogs/pigs. Much of the agricultural production leads to essential food and fiber products and supports various ancillary industries, including equipment manufacturing, transportation, and agribusiness services.
Numerous advantages support Benton County agriculture. Plentiful water from a natural aquifer and the presence of the Mississippi River ensure a consistent water supply. Several excellent colleges and universities in the area offer degree programs directly applicable to agriculture. With fertile soil, ample land resources, and a supportive business environment, Benton County fosters growth and innovation across multiple industries, including agriculture, ensuring sustained economic prosperity in the region.
Minnesota Department of Agriculture Grants
The Minnesota Department of Agriculture has a long list of loan and grant programs. Some of the most unique include:
- The Agricultural Growth, Research, and Innovation (AGRI) Value-Added Grant Program supports the advancement of Minnesota’s agricultural and renewable energy industries. In 2023, approximately $3 million was awarded through the program, and the 2024 application process will open soon.
- The Grain Storage Facility Safety Cost-Share program helps Minnesota farmers buy, ship, and install eligible safety equipment for on-farm grain bins or silos. It reimburses 75% of eligible expenses up to $400 per bin or silo and with a limit of $2,400 per farm per fiscal year.
- The Rollover Protective Structures (ROPS) Rebates make tractor safety equipment affordable and simple to order. The program limits owners' costs to no more than $500 per tractor for purchasing, shipping, and installing a rollover protection kit.
Help Benton Economic Partnership Promote Regional Agriculture
Our team at Benton Economic Partnership is always looking to support local businesses and drive more customers to buy from them. We strive to grow our region because a thriving local economy will benefit all companies. We can ease the process for business owners and site selectors to find a site, obtain permits, construct a facility, and hire and train a workforce. We understand development and can assist in the entire process. Contact us to learn more at (320) 968-6197 or email us here.
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