Kansas’ total crop value drops in 2013, according to USDA
02/14/2014 3:20 PM
02/14/2014 3:21 PM
The total value of 2013’s crop production in Kansas is estimated at $7.79 billion, a 4 percent decrease from 2012’s total of $8.08 billion, according to the U.S. Department of Agriculture.
The value of production for each crop is figured by multiplying an average annual marketing price by the total production.
Here are some highlights:• Wheat: $2.22 billion, down 22 percent from $2.83 billion in 2012. Both the price and the size of the harvest were down from a strong 2012.
• Corn: $2.31 billion, down 13 percent from $2.67 billion in 2012. A big rebound in the size of the harvest couldn’t make up for the fall from $7.04 per bushel in 2012 to $4.55 in 2013.
• Soybeans: $1.59 billion, up 30 percent from $1.23 billion. Production increases overcame a 10 percent drop in prices.
• Grain sorghum: $678 million, up 24 percent even though the price fell sharply in 2013.
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