September 15, 2014


wbc_news_logo_teal

Farmers markets throughout Wyoming contributed more than $2.8 million to the state’s economy in 2013.

Data collected by the Wyoming Business Council’s Agribusiness Division and run through an economic impact model at the University of Wyoming College of Agriculture and Natural Resources found that direct sales of more than $2.1 million also generated secondary sales of more than $654,000.   

These results were based on responses collected by the Business Council from farmers markets operating in Wyoming.   

“Wyoming’s farmers markets gain in popularity each year,” said Donn Randall, crop and forage program manager at the Business Council. “People are very interested in where their food comes from and it is paying off not just for our local growers, but the state’s economy as a whole.” 

The study also found farmers markets in the state supported the equivalent of 25.4 annual full-time jobs with labor income totaling more than $650,000.  The average annual earnings per job were estimated to be nearly $25,591.  The 25.4 annual jobs generated by Wyoming’s farmers markets represent more than 52,800 hours of employment with a wage rate of nearly $12.33 per hour.

The Wyoming State Fair Farmers Market, sponsored by the Business Council, had 19 vendors this year that reported $6,678 in total sales.  

The farmers market season runs roughly from June to October with some winter markets available.  To find a farmers market in Wyoming visit http://wyomingbusiness.org/program/farmers-markets/1302. For questions regarding farmers markets in Wyoming and the farmers market program, contact Randall at 307.777.6578 or donn.randall@wyo.gov

The mission of the Business Council is to facilitate the economic growth of Wyoming. The Business Council, a state government agency, concentrates its efforts on providing assistance for existing Wyoming companies and start-ups, helping communities meet their development and diversification needs, and recruiting new firms and industries targeted to complement the state’s assets. For more information, please visit www.wyomingbusiness.org.

###

 

 

 

Agribusiness , Nonprofit , In-State Companies , Community , Business

Related News & Updates

Wyoming Bicycle and Pedestrian Task Force meets Jan. 16

Wyoming Bicycle and Pedestrian Task Force meets Jan. 16
  • Date: Tuesday, January 9, 2018

The Wyoming Bicycle and Pedestrian Task Force will take a final look at its draft report during its 10 a.m. call-in meeting on Jan. 16. The public is invited to join by visiting https://global...

Read More

State board approves Project Enterprise; company identity to be announced Tuesday

State board approves Project Enterprise; company identity to be announced Tuesday
  • Date: Thursday, January 18, 2018

The State Loan and Investment Board (SLIB) approved funding for four economic development projects around Wyoming during its Thursday meeting in Cheyenne. Among those projects was a $12,592,090 grant...

Read More