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Economic Impacts of Wheat in Idaho

The wheat and barley industries play an important role in Idaho’s economy.

Idaho grain farmers generated nearly $500 million in cash receipts from sales of wheat and barley*, accounting for over 11% of all agricultural receipts in Idaho. Idaho producers also received an estimated $100 million of additional revenue from government payments.

Production of these grains creates jobs and income, not only in the production process but also in transportation, storage and input supply industries. Further positive economic impacts are generated by the flour milling and malt processing that occur in the state.

An informative brochure is available that breaks down the economic impact of each grain from different sections of the state and different areas of economic activity.

WHEAT Highlights

Wheat production generates:

Farm Revenues: $393 million

Impacts on Idaho's Economy:
• Total Sales: $639 million
• Value-Added: $327 million
• Earnings: $201 million
• Indirect Taxes: $24 million
• Jobs: 8,592

*Based on 2004 data.

Friday, February 13, 2015
New Report Confirms Biotechnology Crop Growth
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Idaho Annual Crop Production
Winter wheat acres planted in Idaho are estimated at 760,000 acres, down 20,000 acres from last year. Harvested area is forecast at 720,000 acres, down 1 percent from 2014.

Idaho spring wheat planted acres increased from 480,000 acres in 2014 to 570,000 acres in 2015.

All Wheat stored in all positions on June 1, 2015 totaled 18.5 million bushels in Idaho, up from 13.4 million bushels a year ago. Off-farm stocks were up 9 percent, while on-farm stocks were up 243 percent compared to the previous year.