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Adding Value to Agricultural Products

Adding Value toAgricultural ProductsDavid P. Anderson and Charles R. Hall* Value -added agriculture generates several billion dollars in economic impact forthe state of Texas each year. In fact, the economic impact of Adding Value beyondthe farm gate is usually several times the Value of Agricultural production at thefarm gate producers receive a much smaller portion of the consumer s dollarthan do food processors, especially those who produce brand name items ( ,Sunkist, Del Monte). Capturing those additional dollars or Adding Value to farm or ranch Products is a goal of many producers. Even for commodity Products ,such as beef, the farm-to-retail price spread indicates that those further up thesupply chain earn much more than producers at the ranch or farm level. Thisleaflet defines Value -added activities, outlines the economic forces that makeadding Value important, and provides guidelines for starting your own Value -added is Value Added?

Adding Value to Agricultural Products David P. Anderson and Charles R. Hall* Value-added agriculture generates several billion dollars in economic impact for the state of Texas each year. In fact, the economic impact of adding value beyond the farm gate is usually several times the value of agricultural production at the farm gate alone.

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