2012 North Dakota Crops Valued at Nearly $11B

March 5, 2013

The value of crops produced in North Dakota last year totaled almost $11 billion, nearly doubling the $6 billion value of crops produced during flood-plagued 2011.

The federal Agriculture Department computes the value by multiplying the average price during the marketing year for each crop by the production.

The value of spring wheat, the state’s staple crop, was $2.2 billion last year, up from $1.4 billion in 2011. The 2012 North Dakota soybean crop was valued at $2.3 billion and the corn crop at $2.9 billion – both well above 2011’s totals.

Sugar beet production values are not yet available for the 2012 crop.

Topics Agribusiness

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