Agriculture Remains Montana's Number One Industry in 2004 



A comparison of selected Montana industries shows agriculture continues to outpace other industry 

 sectors by $801 million. Crop cash receipts for 2004 increased to $961 million, up $162 million or 20 

 percent higher than 2003. Livestock cash receipts increased in 2004 to $1.3 billion, an increase of $169 

 million from 2003. Government payments decreased 21 percent in 2004 to $282 million, down from $356 

 million in 2003. 



When comparing major industrial sectors in Montana, all sectors' receipts increased. Receipts for 

 gas and oil showed the largest increase of 46 percent, up $402 million from 2003. Mining showed the next 

 largest increase, at 31 percent, up $211 million from 2003. Wood and paper products followed with an 

 increase of 25 percent or $242 million above 2003. Agriculture's receipts increased 8 percent or $194 

 million in 2004. Non-residential travel showed the smallest increase in 2004, at 4 percent, up only $84 

 million from 2003 to nearly $2 billion. 



Million Dollars 

 3000 



2500 



Montana Selected Industries Comparison 



2002-2004 



2000 



1500 



1000 



500 



Agriculture 



Mining 



Gas & Oil 



Travel 



Lumber* 



02002 ■2003 02004 



*Wood & Paper Products 

 14 Economic 



Montana Agricultural Statistics 2005 



