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Oregon Ag prices grow

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Tuesday, August 01, 2006

Seasonal shifts aside, the prices Oregon farmers receive for their products have been climbing. During the past five years ended in June, average annual prices of Oregon crops and livestock both increased more than 17%, according to the Ag department’s index, which is based on 1990-1992 average prices. In 2002, livestock dropped close to 80 on the index, but recovered in 2003 and have remained stable, 110 or above, since then. The crop index topped 150 in March, the highest level in five years. As of 2004, greenhouse and nursery products remained the highest-valued commodity. Milk overtook grass seed for 4th place, pears surpassed onions for 9th and hazelnuts beat out cherries for 11th. After a slight decline in 2002, the estimated value of Oregon exports grew more than 10% in 2004 and 2005.
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