20 



AGRICULTURE: MONTANA'S MOST IMPORTANT INDUSTRY 



Agriculture usually provides one-third or more of the total receipts 

 of Montana's primary Industries. The relative Importance of agriculture has 

 slipped somewhat In recent years due to low farm prices and the rapid growth of 

 the oil, gas and travel Industries. 



RELATIVE IMPORTANCE OF SELECTED 

 MAJOR MONTANA INDUSTRIES 



PERCENT OF TOTAL 



MONTANA PRIMARY INDUSTRIES 



INDUSTRY 



Agr Ic u I ture *' 

 Oil 4 Gas 2/ 

 Travel 4 Tourism 3/ 

 Mining ^' 

 Lumber, Paper 4 



Wood Products *' 

 Manu f ac tur I ng *' 



TOTAL 



BASIS YEAR 



Cash Receipts 1984 



Value of Production 1984 



Va lue of Receipts 1984 



Value of Production 1984 



Value of Production 1984 



Va lue Added 1984 



VALUE IN THOUSANDS 



$1 ,659,044 

 967,626 

 850,000 

 622,553 



675,000 

 700,000 



$5,474,203 



1/ USDA — ERS (Includes Government Payments). 



2/ Montana Department of Revenue. 



3/ Montana Department of Commerce, Montana Promotion Bureau (non-resident only). 



4/ Bureau of Business 4 Economic Research, University of Montana (preliminary). 



5/ Montana Department of Commerce (estimate). 



