2021 Georgia major crop values up 20% over 2020
Posted on Mar 08, 2022 at 19:00 PM
Compiled by Georgia Farm Bureau
The value of Georgia production of major field crops was estimated at $2.61 billion in 2021, an increase of 20% from 2020, according to the Crop Values Report released by the USDA’s National Agricultural Statistics Service (NASS) on Feb. 25.
The report includes average values of production for major field crops and many specialty crops. All prices in the report are marketing year average prices, which are based on sales in the months comprising each commodity’s marketing year. State value of production is computed by multiplying each state’s price by its production.
For Georgia, the major crops included in the report are corn, cotton, cottonseed, hay, oats, peanuts, soybeans, tobacco and winter wheat. All of these crops increased in value from 2020 to 2021 except for tobacco.
The leading crop production value for Georgia was cotton at $937.4 million in 2021, up from $761.8 million in 2020, an increase of 23%.
The value of Georgia peanut production grew from $673.3 million in 2020 to $744.3 million in 2021, a gain of 10.5%.
Georgia-produced corn for grain was valued at $469.7 million in 2021, up from $356.6 million in 2020, an increase of 31.7%.
Georgia’s statewide hay crop was valued at $181.4 million in 2021, up 7.1% from $169.3 million in 2020.
Cottonseed produced in Georgia was valued at $121.7 million in 2021, up from $93.2 million in 2020, an increase of 30.5%.
Georgia’s 2021 soybean crop was valued at $80.7 million, up 59% from $50.6 million in 2020.
Winter wheat grown in Georgia was valued at $41 million in 2021, up from $24.3 million in 2020, an increase of 68.7%.
The state’s 2021 tobacco crop was valued at $28.4 million, down 27.7% from $39.3 million in 2020.
Georgia’s oat crop, valued at $7.7 million in 2021, increased 63.8% over 2020, when it was valued at $4.7 million.
The United States value of production for field and miscellaneous crops is estimated at $201 billion in 2021, up 23 percent from 2020.