local | Economy | Rural Economy Project

Oregon's Farm Income Rises In 2010

AP | Sept. 29, 2011 10:33 p.m. | Updated: Jan. 14, 2013 10:56 a.m.

Contributed By:


Part of Series:

Income from farming and ranching in Oregon inched up 8 percent in 2010 to $458 million compared to the previous year. But that haul is still a third of the record $1.3 billion farmers and ranchers netted in 2004.

The Oregonian reports that analysts think that income will rise between 8 to 10 percent in 2011, continuing a slow recovery.

The net farm income is the amount farmers and ranchers retain after paying all business-related expenses, including labor, fertilizer and fuel. It’s considered an indicator of farm health in Oregon.

Among some of the indicators: Equipment repair and maintenance costs declined by 15 percent, suggesting farmers are trying to get by and farm vehicle registration expenses declined, perhaps meaning farmers sold equipment to save money.

Labor is the largest single cost for farmers and ranchers, totaling close to $1.1 billion in 2010.

« Cowlitz County Asks Judge For Quicker Decision On Labor Dispute

Counties Brace For The Worst As Timber Payments End »


blog comments powered by Disqus
Follow us
Thanks to our Sponsors:
become a sponsor
Thanks to our Sponsors
become a sponsor