JUNE 2008: STATE WE'RE IN
Ag
prices climb
Farmers have reaped some benefit from costlier global
commodities. In 2007, the index of Oregon prices received by
farmers for all products grew 12% over 2006 and 27% over 2003.
And the estimated value of exports from Oregon farms grew 10%
in fiscal year 2006 to reach $1 billion. Yet higher expenses
caused Oregon farm income to drop 10% in 2006 to $876 million.
Greenhouse and nursery still top the state’s most
valuable ag products, accounting for more than a quarter of
2006 commodity value, followed by cattle, grass seed, dairy
products and hay.
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