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Value of Idaho’s 2014 agricultural production totals $8.8 billion

Milk remained leading agricultural commodity in state



The value of Idaho’s 2014 agricultural production reached $8.8 billion, setting a new record high, according to the National Agricultural Statistics Service. This is an 8 percent increase from the 2013 revised figure.

Milk

Milk remained the leading agricultural commodity in the state with a 2014 value of $3.20 billion. Milk represented 36 percent of the total agricultural value compared with 32 percent in 2013.

Cattle, Calves

Cattle and calves remained in the second position and had value of production totaling $1.73 billion dollars in 2014. This was up 25 percent from 2013.

Hay

All hay, valued at $961 million, moved up one spot to number three. This represents a 2 percent increase from the previous year.

Potato

Potato value of production dropped 6 percent to $957 million, ranking fourth in the state.

Wheat

Wheat rounds out the top five with value of production in 2014 totaling $582 million, down 20 percent from the previous year.

These five commodities had a combined value of $7.44 billion, or 85 percent of the 2014 value for all commodities (excluding government payments). The same five commodities in 2013 had a combined value of $6.65 billion, or 82 percent of the total value.

Record High Values

Record high values of production were established for three of the top 10 Idaho commodities: milk, cattle and calves, and trout. Two top 10 commodities that declined in value in 2014 were barley, down 29 percent to $264 million and corn for grain, down 34 percent to $67.2 million. Commodities outside the top 10 that showed significant increases included hops, up 24 percent from 2013; peaches, up 61 percent from the previous year; and honey, up 29 percent.

Dropping out of top 10

Dropping out of the top ten in 2014 were dry onions with a value of $44.1 million, down 38 percent from the previous year. A notable commodity that declined in value in 2014 was the apple crop, down 65 percent to $8.74 million.



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