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Indiana is the eighth largest agricultural exporter in the nation, exporting just over $4.6 billion in 2017. Indiana is the tenth largest farming state in the nation. Top 5 commodities (by value of sales) Corn: $3.28 billion Soybeans: $3.08 billion Meat animals: $1.62 billion Poultry and eggs: $1.18 billion Dairy: $750 million
May 2—MOSES LAKE — When it comes to the cost of farming, irrigation — especially in the Columbia Basin — is a cost that has to be factored in and planned for with each acre having a place ...
So planting cover crops on his entire 1,400 acres of row cropland costs $56,000 a year — all to cultivate a crop he can’t sell, although grazing his cows on those cover crops does save him an ...
Note: Map data from 2014 ACS 5-year Estimate report published by the US Census Bureau. Indiana has the twenty-seventh highest per capita income in the United States of America, at $20,397 (2000). Its personal per capita income is $28,783 (2003).
As of the 2017 census of agriculture, there were 2.04 million farms, covering an area of 900 million acres (1,400,000 sq mi), an average of 441 acres (178 hectares) per farm. [2] Agriculture in the United States is highly mechanized, with an average of only one farmer or farm laborer required per square kilometer of farmland for agricultural ...
Changes in the farm economy, such as the rising cost of farmland (from $20 an acre in 1850 to $50 an acre in 1870), a decline in prices for agricultural production, and increased costs of mechanized farming favored the larger landowners. Smaller family farms at Beech Settlement that were less prosperous were sold and their former owners moved away.
Quality of life score: 7.0 Population: 229,247 Median household income: $68,814 Median home price: $321,874 Median age: 36 years old Known for: Richmond is a historic city founded in 1737, but ...
In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.