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Farmland Foods, Premium Standard Farms have $1.1 billion economic impact on Missouri, report MU economists

Posted By Tammy Huffman On April 27, 2011 @ 2:13 pm In Headline News | No Comments

An economic impact study of Premium Standard Farms (PSF) and Farmland Foods has been completed by the Commercial Agriculture Program, University of Missouri Extension.

Using an economic input-output model, IMPLAN, the authors determined the combined economic impact of PSF and Farmland Foods to the state of Missouri to be $1.1 billion annually. IMPLAN is an economic input-output model originally developed at the University of Minnesota in the 1980s.

"We funded

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