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 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 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.
All hay, valued at $961 million, moved up one spot to number three. This represents a 2 percent increase from the previous year.
Potato value of production dropped 6 percent to $957 million, ranking fourth in the state.
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.