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Explore Alabama agriculture and learn what makes it unique.
Alabama grows a diverse mix of crops and is one of the largest producers of Poultry and Livestock in the nation. Once known as "The Cotton State", Alabama still ranks number 8 in the nation for the export of cotton, however, today Poultry, Cattle, Grains, and Nursery crops are ahead of cotton in sales rankings. Agriculture is one of the top industries in Alabama, as more than 1 in 5 jobs in the state are Ag related. As of 2017, there were 40,592 farms spread across 8.5 million acres of farmland in Alabama with an average farm size of 211 acres.
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Over the last 20 years, alabama farmland has offered average returns of 6.28%. At this rate, $10,000 invested in farmland in 2003 would now be worth over $33,297. Farmland returns are made up of two values, land appreciation, and capitalization rates of the property. Total farmland returns have been positive every year since 1990.
6.3%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
4%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF