Agriculture Sector in Missouri
Missouri is a state located in the Midwest region of the United States, known for its agricultural heritage and abundance of rivers. Agriculture is an important industry in Missouri, contributing more than $17 billion to the state’s economy annually. The Show-Me State is home to nearly 96,000 farms covering 30 million acres of land. Most of these farms are family owned and operated, with many generations having worked the land for generations.
- ABBREVIATIONFINDER: Offers a list of all phrases that are abbreviated as MO, including the state name of Missouri.
The state’s agricultural sector is diverse and includes crops such as corn, soybeans, wheat, hay, cotton, sorghum and vegetables. Livestock production also plays an important role in Missouri’s agricultural economy with beef cattle being the top livestock commodity followed by poultry and dairy. The state also produces a variety of other commodities such as eggs, wool and honey.
In addition to traditional farming methods, Missouri farmers are also utilizing innovative practices such as no-till farming which helps conserve water resources while reducing soil erosion and improving soil fertility. Other sustainable practices include cover cropping which helps improve soil health by increasing microbial activity within the soil while providing additional benefits such as weed control and nutrient retention. Farmers are also utilizing precision agriculture technology which allows them to monitor their crops more closely in order to optimize their yields.
Missouri has long been a leader in agricultural innovation with its farmers producing some of the highest quality crops in the world due to their commitment to sustainability and conservation practices. In addition to traditional farming methods, Missouri farmers are utilizing new technologies that help them maximize their yields while minimizing environmental impact such as using GPS systems for field mapping or utilizing drones for crop scouting purposes.
The Show-Me State has an incredibly diverse agricultural sector that continues to evolve with new technologies helping farmers produce high quality products while conserving natural resources at the same time. From traditional crops like corn and soybeans to innovative practices like no-till farming or precision agriculture technology; Missouri’s farmers remain committed to producing some of the best products available while helping preserve our planet for future generations.
Manufacturing Sector in Missouri
The manufacturing sector in Missouri plays an important role in the state’s economy, providing jobs for thousands of Missourians. Manufacturing accounts for nearly 10 percent of the state’s GDP and is one of the largest employers in the state with over 300,000 people employed in the industry.
Missouri has a long history of manufacturing, dating back to the early 19th century when it was one of the first states to begin industrializing. Since then, Missouri has become a hub for manufacturing due to its convenient location and access to major transportation routes. The state is home to many large companies such as Emerson Electric Co., Monsanto Company and Boeing Defense, Space & Security.
Missouri is home to many different types of manufacturers including automotive parts, chemicals, pharmaceuticals, electronics and aircraft parts. The automotive industry is especially important in Missouri with Ford Motor Company having three assembly plants located in Claycomo, Kansas City and Hazelwood as well as numerous auto suppliers located throughout the state. The chemical industry is also a major part of Missouri’s economy with several large companies like Solutia Inc., Sigma-Aldrich Corporation and Syngenta operating within its borders.
In addition to traditional manufacturing industries such as automotive and chemical production; Missouri also has a strong presence in advanced manufacturing such as 3D printing, robotics and nanotechnology which are helping drive innovation within the industry. This type of advanced manufacturing is becoming increasingly important for businesses throughout the world as they look for ways to improve efficiency while reducing costs.
The manufacturing sector in Missouri continues to play an important role in creating jobs and stimulating economic growth throughout the state. With its strong infrastructure, diverse range of industries and commitment to innovation; it is no surprise that so many businesses choose this Midwestern state as their base for operations.
Foreign Trade in Missouri
Missouri is a major hub for international trade, with exports totaling $14.9 billion in 2018. This makes the state one of the top 25 exporters in the United States. Missouri’s exports are dominated by agricultural products such as soybeans, corn, and wheat, as well as manufactured goods such as chemicals and transportation equipment. The state is well-positioned to take advantage of global markets due to its excellent infrastructure and convenient location near several major ports of entry.
Missouri’s exports go to countries around the world, but its main trading partners are Canada, Mexico, China and Japan. In 2018, these four countries accounted for nearly half of all exports from Missouri. Canada was the largest market for Missouri’s exports at $3.4 billion or 23% of total export value. Mexico was the second largest market at $2 billion or 13% of total export value followed by China at $1.7 billion or 11% and Japan at $1 billion or 7%.
The top exported products from Missouri in 2018 were motor vehicles and parts ($3 billion), chemicals ($1.7 billion), machinery ($1.5 billion), electrical machinery ($1.2 billion) and animal feed ($845 million). These five categories accounted for more than half (55%) of all exports from Missouri in 2018. Other important export categories include transport equipment (such as aircraft parts), food products (such as soybeans) and agricultural products (such as corn).
In addition to exporting goods to other countries, Missouri also imports a significant amount of foreign goods each year totaling $37 billion in 2018 according to the US Department of Commerce data released this year. The largest source country for imports into Missouri is China which accounted for 25% or $9 billion worth of imports last year followed by Mexico at 18% or $6.7 billion, Canada at 14% or $5.2billion and Germany at 10% or 3$billion respectively. The most imported product categories are motor vehicles & parts ($10billion), machinery ($4billion), electrical machinery($3billion), chemicals($2billion), furniture & bedding($2billion).
Overall, foreign trade plays an important role in stimulating economic growth within Missouri due to increased demand for locally produced goods which helps create jobs throughout the state while also providing access to cheaper imported goods which can help lower costs for consumers across a variety of industries including manufacturing, retailing and transportation among others. With its convenient location near several major ports of entry combined with excellent infrastructure; Missouri is well-positioned to capitalize on growing global markets while also benefiting from increased international trade activity within its own borders.
Top 3 Cities in Missouri
According to Countryaah, St. Louis is the largest city in Missouri and one of the most vibrant cities in the Midwest. It is home to a diverse collection of cultural attractions, including the iconic Gateway Arch, Forest Park, and The Hill Italian neighborhood. The city is also known for its thriving music scene, with venues like The Pageant offering up both local and nationally-known acts. St. Louis’s economy is largely driven by manufacturing, health care, education, and tourism; it is also home to several Fortune 500 companies including Express Scripts and Monsanto.
Kansas City is Missouri’s second-largest city and its vibrant downtown area features a mix of traditional brick-and-mortar businesses as well as modern high-rise office towers. Kansas City’s economy is based around finance, technology startups, professional services firms and healthcare organizations; it is also home to several major sports teams like the Kansas City Royals baseball team and Sporting Kansas City soccer team. In addition to these economic drivers, there are plenty of attractions in town such as the National World War I Museum & Memorial and 18th & Vine Historic District.
Springfield is the third-largest city in Missouri with a population of around 160 thousand people; it has grown rapidly since its founding in 1838 thanks to its strong agricultural roots. Springfield offers plenty of activities for visitors such as walking tours of historic homes or exploring its numerous parks like Nathanael Greene/Close Memorial Park or Rutledge Wilson Farm Park; it also serves as an ideal base for exploring nearby Branson which features many popular tourist attractions such as Silver Dollar City theme park. In addition to tourism, Springfield’s economy relies heavily on manufacturing, healthcare organizations, education institutions and retail stores such as Bass Pro Shops Outdoor World which help drive revenue into the local economy year round.