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Michigan Agriculture Overview
Explore Michigan agriculture and learn what makes it unique.
Michigan is an agriculturally diverse state, and ranks in the top 5 in the nation for the number of unique commodities produced. Facilitating this diverse production mix are the large variations in climate, soil compositions, and markets across the state that can encourage growers to follow best practices for their area, which often vary widely as well. While Dairy products, Corn, Soybeans, and Cattle make up over 50% of the state’s total production, there is much more depth to this agricultural economy. For example, Michigan produces 26% of the Asparagus, 17% of the Cucumbers, and 10% of Sugar Beets grown and sold in the United States.
Hover over the chart to view values by county.
Data For Region Not Available
Production Value
michigan Farmland Returns
Over the last 20 years, michigan farmland has offered average returns of 7.48%. At this rate, $10,000 invested in farmland in 2003 would now be worth over $41,143. 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.
7.5%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
5.6%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
Farmland Returns: Top 5 States
1. nebraska
14.3%
2. north dakota
14%
3. south dakota
12.6%
4. kansas
12.3%
5. washington
11.8%
6. iowa
11.4%