New Analysis Shows Small Family Farmers Generate More Local Economic Value
Niman Ranch generates more than 50% more economic value for the local economy than the conventional hog industry, per 100,000 hogs sold, a new economic impact analysis revealed. The analysis, by respected regional economist Dave Swenson, also showed that Niman Ranch creates more than 150% more jobs than conventional hog production and in 2019, the year studied, generated more than $20 million in added value for the local Iowa economy. In additional findings, for every $1 million in direct sales, Niman Ranch farms produce 14 jobs and generate an additional $2.03 million in other economic inputs, including labor income and value-added spending. Iowa’s 195 Niman Ranch farms created nearly $50 million in total output (value of hogs).