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Explore Arizona agriculture and learn what makes it unique.
Agriculture in Arizona is a major contributor to the state’s economy, as well as the U.S. economy. With a climate that promotes year-round growth of a wide variety of crops, farmers grow a diverse mix of crops including cash crops such as cotton, alfalfa, and wheat as well as specialty crops such as fresh vegetables and nursery crops. In fact, Arizona is the third-largest producer of fresh vegetables in the United States. As of 2017, there were 19,086 farms in the Grand Canyon State spread across over 26 million acres of agricultural land.
2.4%
7.1%
34.2%
2.37%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
Past performance does not guarantee future results and there is no guarantee this trend will continue. For illustrative purposes only and is not intended to represent the result of an actual investment. All investments involve risk, including the loss of principal. Click here for AcreTrader General Disclosures.
7.1%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2010 | -19.1% | -19.1% |
| 2011 | 0.2% | -18.9% |
| 2012 | 7.1% | -13.1% |
| 2013 | 6.9% | -7.2% |
| 2014 | 0.9% | -6.4% |
| 2015 | 0.6% | -5.8% |
| 2016 | 0.7% | -5.1% |
| 2017 | 2.2% | -3.0% |
| 2018 | 1.9% | -1.2% |
| 2019 | 3.1% | 1.9% |
| 2020 | 4.3% | 6.3% |
| 2021 | 4.9% | 11.5% |
| 2022 | 12.5% | 25.3% |
| 2023 | 7.0% | 34.2% |
