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2022 MARKET STUDY REPORT

DECEMBER 2022 

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Akiptan, a Native CDFI (Community Development Financial Institution) located in Eagle Butte, South Dakota, received funding through the Native American Agriculture Fund (NAAF) to conduct a national market study on Native agriculture. Through various data collection tools and methods,
this market study was produced assessing the current needs and barriers that exist for Native producers across the U.S. The purpose of this market study is to determine what the unmet
financing need is for Native producers amongst other barriers that, if addressed, would lead to greater prosperity and sustainability for Native agriculture. Input and experiences were sought and collected from all over Indian Country to give insights to the unique opportunities, challenges, and
goals for Native producers in each region. This executive summary presents key data points from the following full market study.

  • 273 producers completed the Native producer survey representing 81 tribes.

  • Overall, 65.9% of producers reported they were in ranching, 35.2% gardening, and 34.4% farming. 22% of respondents have been operating for at least 21 years.

  • A plurality (25.3%) of producers are in their thirties, while over 19% are in their forties, 23% are in their fifties, and over 15% are in their sixties. Only 13.2% of producers are in their twenties.

  • Of established producers, 56% reported they did not currently have a succession plan.

  • Most (75%) reported themselves or their spouse/partner had a job off the farm and 46% were unsatisfied with the net income their operation earned.

Akiptan would like to thank Sweet Grass Consulting, LLC for their diligent work and commitment to this project. We would also like to thank the Intertribal Agriculture Council, Indigenous Food and Agriculture Initiative, Indian Land Tenure Foundation, and the Native American Agriculture Fund for being on our advisory committee. Our shared commitment to Native agriculture is what drives our work. We know that this work is best done together.

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