STATE OF MONTANA 



VALUE OF PRODUCTION 1947 



The value of agricultural production in the Treasure State, as indicated 

 by the above diagram, is a large portion of the total value of goods produced 

 and taken from the good earth. Montana ranks as a prominent mining state 

 and also produces considerable timber, but agriculture is by far her leading 

 industry. Although pi'ices received for agricultural products rose sharply from 

 1941 to 1947, the volume of agricultural production also increased during the 

 six-year period. Cropped acreages in 1947 amounted to 8,480,900 acres, com- 

 pared with 6,740,000 acres in 1941, a gain of 26 per cent. 



VALUE OF PRODUCTION, 1947 — BY GROUPS 



Crops $274,872,000 



Livestock and livestock products* 152,718,000 



Timbert 13,200,000 



Miningt 75,490,000 



Total $516,280,000 



■ Not to be confused with cash receipts from sales of livestock and 

 livestock products as shown elsewhere in this bulletin. Value of 

 production may differ from cash receipts due to the change in live- 

 stock inventories at beginning and end of year. 



-Value of all timber products as reported by Division of Forest EJco- 

 nomics, United States Forest Service, Missoula, Montana. 



-Recovered value. Includes: Coal, $6,680,000; metals, $4.5,446,000; oil, 

 116,120,000; gas, $1,627,000; miscellaneous, $5,617,000. Reported by 

 Montana Board of Equalization. 



