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Oregon commodities heat up

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Friday, June 01, 2007

Agricultural commodities have enjoyed rising prices during the last few years. The index of prices received for all farm products rose 5% for the year ending April 2007; and compared to the year ending April 2003, it rose 21%.  However, due to declines in wheat, seeds, fruits and vegetables, the estimated value of Oregon agricultural exports  in 2005 fell 2%, after two years of growth. In terms of 2005 value, Oregon-produced grapes surpassed cherries, which fell below eggs  and blackberries. Greenhouse and nursery products remained the No. 1 commodity, growing to $877 million, followed by cattle expanding to $521 million, milk falling to $355 million, grass seed expanding to $349 million, and hay growing to $268 million in value. 0607Indicators1.gif

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