Idaho ag receipts up 5 percent in 2012

Published: January 3, 2013 

Cash receipts for Idaho farmers and ranchers rose 5 percent to $7.7 billion in 2012, according to projections from University of Idaho agriculture economists.

But Idaho agriculture will face a rocky 2013. Crop producers will face a cost-price squeeze because of persistently high prices for items such as fertilizer and fuel, while experiencing declining prices, said U of I economist Paul Patterson, who wrote the ag economy report.

Milk was Idaho's top product, with cash receipts of $3.4 billion, about level with 2011.

Cattle and calf sales were $1.7 billion, up 25 percent from 2011.

Idaho's to crops in 2012 were -- Potatoes: $957 million, up 4 percent. -- Wheat: $796 million, up 4 percent. -- Hay: $526 million, down 12 percent, due mostly to a 4 percent drop in production caused by a cold, wet spring. -- Sugarbeets, $355 million, down 10 percent due to falling prices. -- Barley, $306 million, up 32 percent increase based on a bigger harvest and strong prices.

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