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Explore Pennsylvania agriculture and learn what makes it unique.
Agriculture is the number one economic enterprise in Pennsylvania and the state ranks 19th in the United States in terms of agricultural sales. The top commodities produced and sold in Pennsylvania include: Milk, Chicken Eggs, Chicken Broilers, and Cattle. With the majority of their land covered in forests and as the home for several major food processing companies, forest products and food products generate the most revenue from exports in the state. As of 2017, there were a total of 53,157 farms in Pennsylvania across more than 7.2 million acres of farmland with an average size of 137 acres.
6.0%
4.8%
207.7%
5.95%
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.
4.8%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2003 | 5.6% | -99.9% |
| 2004 | 4.0% | 4.1% |
| 2005 | 13.1% | 17.6% |
| 2006 | 17.1% | 37.8% |
| 2007 | 14.9% | 58.3% |
| 2008 | 13.5% | 79.7% |
| 2009 | -3.7% | 73.0% |
| 2010 | 0.8% | 74.5% |
| 2011 | -0.4% | 73.8% |
| 2012 | 3.6% | 80.0% |
| 2013 | 2.6% | 84.8% |
| 2014 | 3.2% | 90.7% |
| 2015 | 4.4% | 99.0% |
| 2016 | 6.5% | 111.9% |
| 2017 | 1.5% | 115.1% |
| 2018 | 7.7% | 131.6% |
| 2019 | 3.4% | 139.4% |
| 2020 | 2.3% | 144.9% |
| 2021 | 8.3% | 165.2% |
| 2022 | 10.4% | 192.8% |
| 2023 | 5.1% | 207.7% |
