The production of Minnesota’s field and miscellaneous crops was valued at $17.0 billion in 2022, according to the USDA, National Agricultural Statistics Service – Crop Values 2022 Summary. This was up 13 percent from 2021.
The value of corn for grain production totaled $9.35 billion, up 14 percent from the previous year. Minnesota’s corn price averaged $6.40 per bushel, 49 cents above the last marketing year.
The value of soybean production was $5.25 billion, up 10 percent from 2021. The average price increased 80 cents from the previous year to $14.20 per bushel.
Value of production increased from 2021 to 2022 for barley, canola, dry beans, alfalfa hay, other hay, oats, potatoes, rye, all sunflowers and spring wheat.
Categories: Minnesota, Crops, Corn, Soybeans, Wheat, Hay & Forage