Net income for Oregon’s farmers and ranchers rose 8% in 2010 over the previous year .
Net income for Oregon’s farmers and ranchers rose 8% in 2010 over the previous year .
Which would be more impressive if 2009 hadn’t been so rotten. And the $458 million net income reported in 2010 is a third of the record $1.3 billion farmers and ranchers netted in 2004.
The figures show Oregon agriculture remains in a “very slow dig” out of a long slump, analyst Brent Searle of the state Department of Agriculture said in a news release.
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.
Read more at OregonLive.com.
Read about an increase in prices for farm products from Oregon Business.
