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University of Minnesota Extension’s Community Economics

Agbioscience industry could create $1.3 billion in economic impact in Northwest Minnesota

    Agbioscience is a critical component of Northwest Minnesota’s past and future. A new research report shows that in 2013 agbioscience supported $789.4 million in economic impact—five percent of the region’s total economic output. And with the right steps and action, agbioscience could drive additional long-term prosperity in this region of the state—potentially growing to $1.3 billion in economic output in 2016. Agbioscience is the fusion of agriculture and the associated… Continue Reading Agbioscience industry could create $1.3 billion in economic impact in Northwest Minnesota