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Missouri Economy

Agriculture

In terms of revenue generated Missouri's top five agricultural products are soybeans, cattle and calves, corn for grain, hogs, and dairy products.

Livestock

Livestock and livestock products are responsible for a little over 1/2 of Missouri's agricultural production.

Missouri is a leading state in the production of beef cattle (#9), hogs (#7) and turkeys (#3) with beef cattle and hogs providing the bulk of the income in this sector.

Dairy products are important to the state. Some chickens and sheep are also raised in Missouri.

Crops

Soybeans, from which oil is made, are the states most important crop. Missouri ranks 7th among the states in the production of soybeans.

Corn and grain sorghum, used for livestock feed, are also important.

Other field crops grown in Missouri are cotton, hay and wheat.

Missouri's most valuable fruit crops are apples, peaches, grapes and watermelons.

A wide variety of vegetables, including potatotes, are grown in the state.

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Manufacturing

Manufacturers add value to raw products by creating manufactured items. For example, cotton cloth becomes more valuable than a boll of cotton through manufacturing processes.

Transportation equipment is, by far, Missouri's leading manufacturing sector. Products include airplanes, barges, railroad cars, truck and bus bodies and truck trailers. Missouri is considered a leader in the production of automobiles and trucks.

Dairy processing plants and beer breweries make the food processing sector Missouri's second in the manufacturing industry.

Manufacture of chemicals (fertilizer, insecticide, paint, pharmaceuticals, soap) ranks third.

Mining

Lead, limestone (cement and crushed stone for roads) and coal are the most important mined products of the state. Missouri leads the states in the production of lead

Copper, silver and zinc are also produced by the lead mines.

Services

The community, business and personal services sector, providing private health care, hotels, data processing services and professional sports franchises is Missouri's leading service group.

Ranking second is the wholesale (farm products, automobiles, groceries) and retail (automobile dealerships, department stores, restaurants) trade sector.

The finance, insurance and real estate sector ranks as Missouri's third most important service group. St. Louis and Kansas City are among the Midwest's leading financial cities.

Sources

Dale Robert Martin and Stephen Kneeshaw, "Missouri," World Book Online Americas Edition, http://www.worldbookonline.com/wbol/wbPage/na/ar/co/364800, August 15, 2001.p>

U.S. Department of Agriculture: National Agricultural Statistics Service, "Missouri State Agriculture Overview, 2004", 3 January 2006, <http://www.nass.usda.gov/Statistics_by_State/Ag_Overview/AgOverview_AKMOpdf> (12 January 2006)

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