The preliminary farm value of Michigan field crops, fruits and vegetables produced in 2006 was approximately 2.9 billion dollars, according to the USDA, NASS, Michigan Field Office. This was a 32 percent increase from the 2005 crop production value. Some Michigan highlights from the report were the following:
- Corn for grain value increased 71 percent to $922 million in 2006; the average price increased $1.32 per bushel.
- Soybean value at $546 million was up 24 percent from 2005. The average price was up 37 cents per bushel.
- Hay value was set at $343 million, up 17 percent from a year earlier; the average price was up $3.50 per ton.
- Wheat value increased 32 percent; the average price was up 27 cents per bushel.
- Dry bean value, at $78 million, was up 2 percent from last year, while the
average price was down 40 cents per cwt.
- U.S. corn for grain value increased 52 percent to $33.8 billion in 2006.
- Soybean production value in the U.S. was up 14 percent to $19.7 billion