‘Crops add more than $9B to Nebraska's economy’
(Grand Island Independent) -- The value of Nebraska crops has grown by nearly $5 billion over the past two years, with corn leading the way as the result of the increase of the ethanol industry. According to a report released Thursday by USDA, the value of principal Nebraska agricultural crops last year totaled $9.2 billion, up from $6.1 billion in 2006 and $4.6 billion in 2005. Leading the way was corn, whose value was estimated at $5.9 billion last year, compared with $3.5 billion in 2006 and $2.4 billion in 2005. The average bushel price increased from $1.92 in 2005 to $4 last year. The second-leading crop was soybeans. Nebraska's third most valuable crop was hay. The fourth-leading crop was wheat.
(Grand Island Independent) -- The value of Nebraska crops has grown by nearly $5 billion over the past two years, with corn leading the way as the result of the increase of the ethanol industry. According to a report released Thursday by USDA, the value of principal Nebraska agricultural crops last year totaled $9.2 billion, up from $6.1 billion in 2006 and $4.6 billion in 2005. Leading the way was corn, whose value was estimated at $5.9 billion last year, compared with $3.5 billion in 2006 and $2.4 billion in 2005. The average bushel price increased from $1.92 in 2005 to $4 last year. The second-leading crop was soybeans. Nebraska's third most valuable crop was hay. The fourth-leading crop was wheat.
