Pierre, S.D.(KELO-AM) – Governor Dennis Daugaard highlighted South Dakota’s dairy industry in his recent visit to the World Ag Expo.
For the second year, Gov. Daugaard, Secretary of Agriculture Walt Bones and the South Dakota Department of Agriculture (SDDA) attended the event in Tulare, Calif., and they received significant media coverage.
CBS 47 Fresno ran a segment with Gov. Daugaard stating, ““We have no personal income tax, no corporate income tax. The land costs are lower, the feed costs are lower and the milk prices you get for your product are higher. It just makes economic sense.”
“Both current and prospective dairy producers are recognizing the great opportunities available for them to grow in South Dakota,” said Paul Kostboth, Agricultural Development Director for SDDA. “Our producers enjoy comparatively lower operating costs thanks to such things as locally available feedstuffs and low taxes. The high demand due to a large available capacity for milk and plans to expand helps ensure strong prices well into the foreseeable future.”
Agriculture is South Dakota's No. 1 industry, generating over $21 billion in annual economic activity and employing more than 122,000 South Dakotans.