New state record for farm cash receipts in 2010 – $37.5 billion

CALIFORNIA FARM REVENUES REACH NEW HIGH IN 2010

The State’s 81,700 farms and ranches received a record high $37.5 billion for their output last year. California agriculture revenues increased 9 percent for 2010 from the revised 2009 income level of $34.6 billion, according to USDA’s National Agricultural Statistics Service and Economic Research Service. California’s cash receipts represented 11.9 percent of the U.S. total for 2010.

California’s increase in revenue was led by the dairy sector. Dairy producers received $5.93 billion for their milk production in 2010, up 31 percent from 2009, but down 14 percent from 2008. Herd size decreased 2 percent from 2009. Milk production from the state’s dairy farms increased 2 percent. Milk prices received by producers rose from $11.49 per hundred pounds of milk sold in 2009 to $14.69 in 2010. California produced 20.9 percent of the nation’s milk supply last year. The beginning of 2010 saw a dip in milk price for January, February and March. Milk prices began a slow recovery from April through October, before slipping in November and December. The higher price of milk was often offset by higher feed costs, which resulted in California dairies struggling to turn a profit in 2010.

Eleven California products exceeded $1 billion in receipts for 2010, up from eight products in 2009. Eight of the eleven commodities registered an increase in value. The commodity with the largest percentage increase was pistachios, at a 95 percent increase in value, making 2010 the first year pistachios have topped $1 billion. The value of walnuts also surpassed $1 billion for the first time. Pistachios and walnuts joined almonds, marking the first time more than one nut crop value exceeded $1 billion. The year was a banner year for nut crops, with almonds, pistachios and walnuts all setting records for production. Final grower returns could change the sales values for the commodities, resulting in an updated dollar amount in next year’s report.

More information is available at: www.nass.usda.gov (PDF)

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3 Responses to New state record for farm cash receipts in 2010 – $37.5 billion

  1. teresa says:

    You have spoken about the cash price for and the increase in 2010, WHAT ABOUT FEED, FUEL AND PROCESSOR CASH RECEIPTS BELIEVE ME IT WILL OUTWAY THE MILK PRICES>>>>>>>>>>>

    • Office of Public Affairs says:

      Thank you for the comment. The review of the numbers by the USDA contained the following passage: “The higher price of milk was often offset by higher feed costs, which resulted in California dairies struggling to turn a profit in 2010.”

  2. teresa says:

    Us dairymen, the higher the price of milk goes the higher everything else goes, gives us an example, for the last three years when milk price for us was $9.00, which is what milk was at 30 years ago. Did everything else go back to 30 years ago price, (GAS< INSURANCE) So, Yah comparing is good, but realistic s are whats in the real world.

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