BOISE -- A new study by University of Idaho researchers shows two of every three dollars of sales generated in the six counties of the Magic Valley are tied in some way to agribusiness.

The study also finds that agribusiness in the Magic Valley accounts for half of the state's total farm cash receipts -- valued at $5.8 billion in 2010 and 7.4 billion.

College of Agriculture and Life Sciences Dean John Hammel says the figures show the Magic Valley is the epicenter of Idaho's farm business.

The six counties included in the study are Twin Falls, Jerome, Gooding, Lincoln, Minidoka and Cassia.

Dairy continues to be the dominant farm industry. The report found the dairy processing industry accounted for a fifth of all sales and a seventh of Magic Valley jobs.

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