Gordon Groover, Extension Economist, Farm Management, Department of Agricultural and Applied Economics, Virginia Tech
The 2012 Agricultural Census contains a wealth of information for all sectors of U.S. and Virginia agriculture. One of Virginia’s most widely dispersed commodities in Virginia is the cattle herd, found from the Alleghany Mountains to the Tidewater. Continue reading
Jim Pease, Extension Economist, Dept. of Agricultural and Applied Economics, Virginia Tech
- Total market value of sales rose $847m from 2007 (+29%), the highest ever recorded in a Virginia ag census. Crop sales increased $501.8m (+58.5%) over 2007, and livestock sales increased $345.3m over 2007 (+16.9%). Despite the increase in crop sales, Virginia 2007 farm livestock, poultry and animal product sales were still nearly 64% of total sales.
- Total farm expenses rose $783m from 2007 (+29%), keeping pace with the increase in farm sales since 2007. Among major expense categories, livestock and poultry purchased/leased increased 31%, feed purchased increased 47%, fertilizers increased 24%, and hired labor increased 21%. Continue reading