Exports And Net Farm Income Up In Idaho

Dairy Farms    Idaho ag exports have basically doubled over a six year     span.  According to state export data released by USDA Economic Research Service, Idaho exports topped out at 2.59 billion dollars in 2013. Almost doubling since 2007.  Global economic growth and an expanding middle class, in Asia, are behind the record numbers. Idaho ag exports ranked 20th in the nation in 2013.

The states exports ranked fourth in dairy, fifth in both fresh and processed vegetables, sixth in wheat, 9th in beef and 10th in livestock.  And those export numbers are showing their weight in total Net Farm Income for the Gem State. Idaho currently ranked #2 in the west for net farm income in 2013. Idaho beat out Washington State for the number two spot, but still trails California by a huge margin.

In 2013 Idaho’s Net Farm Income came in at 3.11 billion dollars.  Washington was a close third, coming in at 3.01 billion. But California took the show coming in at a staggering 10.14 billion dollars in Net Farm Income in 2013.

The month of January in the Gem State has seen above average temperatures.  According to the National Resource Conservation Service January brought below–average moisture and spring like temperatures ranging from 3 to 7 degrees above the normal.
The high temperatures might be a good thing for residents, but the lack of snowfall could mean a disaster for local farmers. Idaho’s January precipitation ranged from 35 to 85 percent of normal.  Reservoirs like the Salmon Falls, Owyhee, Wild Horse, Magic and Oakley Basin are less than a quarter full.

Source:  Originally printed at http://www.kmvt.com/news/agriculture/Grow-Southern-Idaho-Exports-And-Net-Farm-Income-Up-In-Idaho-292475301.html
By Joey Martin
February 18, 2015

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