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South Dakota

State Quick Facts

Population
919,318​

Total State GDP
$68,781,700,000

State Land Area (Acres)
48,519,040

Land in Forest (Acres)
1,908,467

Land in Forest
4%

Land in Farms (Acres)
42,300,000

Land in Farms
87%

Number of Farms
28,300

Average Farm Size (acres)
1,495

Farm Real Estate Value (per acre) 
$2,920

Agricultural Cash Receipts 
$14,651,867,000

Cash Receipts from Crops 
$8,619,912,000

Cash Receipts from Animals 
$6,031,954,000

Top Ag. Commodities

Corn
$4,423,897,000

Cattle and Calves
$3,435,737,000

Soybeans
$2,869,990,000

Dairy Products, Milk
$1,124,427,000

Hogs
$1,105,437,000

Top Ag. Exports

Soybeans
$1,610,326,243

Corn
$897,576,425

Feeds and Other Feed Grains
$587,279,072

Beef and Veal
$452,345,251

Wheat
$339,590,691

South Dakota Economic Contribution and Impact Research

In 2022, South Dakota generated around $14.7 billion in agricultural cash receipts with the highest valued commodities being corn, cattle and calves, and soybeans. That same year, the value of South Dakota’s agricultural production and processing industries represented 13.9 percent of total state GDP. Some of the dollars generated by these industries end up being re-spent within the local economy, bringing additional value to the state through “multiplier effects.” Economic impact and contribution studies measure these effects, which can be broken down into direct, indirect, and induced economic effects.

Websites, reports, fact sheets, and articles related to the economic impacts and contributions of South Dakota’s food, fiber, and forest industries can be found below.

Websites:

Information related to South Dakota’s food, fiber, and forest industries can be found by visiting the following website(s):

 

*At present, there is no universally agreed upon standard methodology for producing economic impact or economic contribution reports.  Please exercise caution when viewing and comparing reports as each may vary significantly in terms of source data and analysis and reporting methodology.