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Explore Washington agriculture and learn what makes it unique.
Washington is a powerhouse in our nation's agricultural economy, ranking 7th overall in crop sales. Thanks to an abundance of rich soils and diverse climates, farmers in Washington are able to produce over 300 unique commodities. Overall, the top 5 commodities produced in Washington are: Apples, Milk, Wheat, Cattle, and Potatoes. Notably, Washington is the number 1 producer of Apples in the United States, producing over 70% of our entire supply. The state also number one in the nation for the production of Hops, Spearmint Oil, Concord Grapes, Pears, Blueberries, and Aquaculture products. Just over 34% of Washington's land area is used as farmland, amounting to a total of 14.7 million acres.
11.9%
4.7%
495.7%
11.89%
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.
4.7%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2008 | 13.7% | 13.7% |
| 2009 | 6.9% | 21.5% |
| 2010 | 14.5% | 39.1% |
| 2011 | 12.3% | 56.3% |
| 2012 | 23.3% | 92.7% |
| 2013 | 19.3% | 129.8% |
| 2014 | 11.9% | 157.1% |
| 2015 | 9.0% | 180.3% |
| 2016 | 9.9% | 208.0% |
| 2017 | 10.2% | 239.3% |
| 2018 | 6.6% | 261.6% |
| 2019 | 7.6% | 289.3% |
| 2020 | 7.2% | 317.2% |
| 2021 | 11.7% | 365.8% |
| 2022 | 16.3% | 441.6% |
| 2023 | 10.0% | 495.7% |
