20 



AGRICULTURE: MONTANA'S MOST IMPORTANT INDUSTRY 



Agriculture traditionally accounts for one-third or more of the total 

 receipts earned by Montana's primary Industries. During 1985, severe drought 

 reduced agricultural receipts to their lowest level since 1979, Wining, gas, and 

 oil receipts were also down as was manufacturing. Tourism held steady while lum- 

 ber prices and sales improved. 



RELATIVE IMPORTANCE OF SELECTED 

 MAJOR MONTANA INDUSTRIES 



PERCENT OF TOTAL 



MONTANA PRIMARY INDUSTRIES 



INDUSTRY 



BASIS 



YEAR 



VALUE IN THOUSANDS 



Agriculture 1/ 

 Oil i Gas 2/ 

 Trave I & Tour I sm 

 Mining 2/ 

 Lumber, Paper & 

 If/ood Products 

 Manu f ac tur i ng 5/ 



TOTAL 



Cash Receipts 

 Value of Production 

 Value of Rece I pts 

 Value of Production 



Value of Production 

 Ve 1 ue Added 



1985 

 1985 

 1985 

 1985 



1985 

 1985 



$1 ,427,581 

 869,336 

 850,000 

 566,460 



735,000 

 600,000 



$5,048,477 



1/ USDA--ERS (Includes Government Payments). 



2/ Montana Department of Revenue. 



3/ Montana Department of Commerce, Montana Promotion Division. 



4/ Bureau of Business & Economic Research, University of Montana ( p re I I mi nur y ) . 



5/ Montana Department of Commerce (estimate). 



