Share this… Corn – The top commodity in Michigan generated $1.86 billion in cash receipts in 2012. In 2011, corn exports were valued at $251.4 million. Dairy Products – Ranked No. 8 in the nation, dairy products in Michigan earned $1.68 billion in cash receipts in 2012.
What are the top 5 commodities in Michigan?
In terms of revenue generated Michigan’s top five agricultural products are dairy products, greenhouse and nursery products, corn for grain, soybeans, and cattle and calves.
What is the number one commodity in Michigan?
Cattle and beef production are the largest sectors of the United States’ agriculture industry. Michigan’s cattle herd totals 1.15 million, of which 108,000 are beef cows and 422,000 are dairy cows.
What does Michigan produce the most of?
1. Michigan is the #1 producer in the nation of the following crops:
- Dry Black and Cranberry Beans.
- Blueberries.
- Tart Cherries (dried cherries, cherry pie filling, etc.)
- Pickling Cucumbers.
- Squash.
What is Michigan’s biggest agricultural export?
Exports
- In 2018, Michigan exported $1.98 billion in food and agricultural products.
- Michigan’s top agricultural exports are processed food products; wood and wood products; soybeans and soybean meal; vegetables and dry beans; and cereals, baked goods, and pasta.
What is the biggest cash crop in Michigan?
Potatoes. In terms of revenue and production numbers, potatoes are Michigan’s top crop.
How much do farm owners make in Michigan?
$21,432 is the 25th percentile. Salaries below this are outliers. $35,274 is the 75th percentile. Salaries above this are outliers.
What is Michigan famous for?
What Is Michigan Known For? Michigan is known for the home of the automobile industry, beautiful Great Lakes shorelines, and a bustling college town atmosphere. The state is also known for its agriculture, with cherries, apples, and blueberries being some of the most popular crops.
Where is the most fertile soil in Michigan?
The distribution of farms in Michigan shows about 80% of Michigan’s farms are in the southern half of the Lower Peninsula where soil and climatic conditions favorable for agricultural production are found.
How much is hay per acre in Michigan?
2021 STATE AGRICULTURE OVERVIEW
| Commodity | Yield |
|---|---|
| HAY | |
| HAY | 2.75 TONS / ACRE |
| HAY, ALFALFA | 3.1 TONS / ACRE |
| HAY, (EXCL ALFALFA) | 1.9 TONS / ACRE |
How does Michigan earn money?
Revenues come mainly from tax collections, licensing fees, federal aid, and returns on investments. Expenditures generally include spending on government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicaid, and transportation.
What goods and services is Michigan known for?
SIXTH IN THE NATION FOR:
- Milk Production.
- Maple Products.
- Fall Potatoes.
- Snap beans.
- All Vegetables.
- All other crops.
What fruits does Michigan produce?
In addition to cherries and blueberries, Michigan growers produce other fruit crops such as apples, peaches, pears, plums, grapes, raspberries and strawberries. Michigan fruit is abundant, delicious, nutritious and hard to beat!
Who owns farmland in Michigan?
Here in Michigan, roughly 1.35 million acres of ag land is held by foreign investors and nearly 90% of this land is in forests. Investors from the Netherlands own 33% of that land with Canadians owning 25%. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger.
What goods does Michigan Export?
Top 10
- Small gas-powered trucks: $36.6 billion (8.3% of Michigan’s exports)
- Motor vehicle transmissions: $23.1 billion (5.2%)
- Large automobiles (piston engine): $21.9 billion (5%)
- Motor vehicle body parts, accessories: $18.2 billion (4.1%)
- Vehicle rear-view mirrors: $14 billion (3.2%)
What county in Michigan has the most farms?
Allegan County
Allegan County has the biggest farm economy in Michigan, according to the five-year U.S. Census of agriculture released recently.
Does Michigan have good soil?
The soils of Michigan vary greatly. Sandy soils are dominant in the western and northern portions of the Lower Peninsula; clays and loams, in the southern Lower Peninsula. The size of particles, or texture, varies in different kinds of soil.
What caused a boom in agriculture in Michigan?
During the late 1800s, European immigrants began pouring into Michigan, mixing their cultural traditions with those of the state’s previous settlers. Although most immigrants were subsistence farmers, some were highly skilled; and the efforts of these people helped to diversify the crop base of the state.
Are farmers wealthy?
Farm operator households have more wealth than the average U.S. household because significant capital assets, like farmland and equipment, are generally necessary to operate a successful farm business. In 2020, the average U.S. farm household had $1,714,559 in wealth.
Why do farmers get paid so little?
The greater the supply of a particular crop on the market, the lower the price drops. Since consumers buy more or less the same amount of food from week to week, a farmer can actually make less money when production is high.
Is owning a farm profitable?
If you are not willing to put in that kind of intensive management work and focus on return-on-investment, you can still make a living on your farm, but you’ll likely still need some off-farm income. Despite popular thinking, farming can be enormously profitable.