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Agri-Pulse reports:

South Dakota, Wyoming, Colorado, New Hampshire and North Dakota are the top five agribusiness-friendly states in America, according to a new report issued by Colorado State University (CSU) agricultural economists.

In what they believe to be the first study of its kind, CSU professors Greg Perry and James Pritchett developed the Agribusiness Friendliness Index to describe the economic climate for agriculture.

The index is based on 38 variables, representing regulatory policy, tax policy, government efficiency, impact of key government services, and the overall state business climate.

It follows the methodology of other key indexes like the State Business Tax Climate Index. Perry and Pritchett divided agricultural activities into four separate categories (ag inputs, crop, fruit and vegetable production, meat and livestock products and first level ag processing) and then examined specific variables in each of those areas.

States fared differently across all four categories depending on their base agricultural industry.

To read the report, or view each state's indexes click here.

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