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Delaware Agriculture Overview
Explore Delaware agriculture and learn what makes it unique.
Farming is an important economic driver of Delaware’s economy, which has a very long history in “The First State” that played an important part in the founding of our country. When the first European settlers arrived in Delaware for the first time in 1631, they relied heavily on their agricultural land which provided wheat, barley, indian corn, peas, and livestock critical to their survival. Farming is still very much a family affair in Delaware as nearly 90% of the 2,302 farms are still family owned.
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Data For Region Not Available
Production Value
delaware Farmland Returns
Over the last 20 years, delaware farmland has offered average returns of 6.62%. At this rate, $10,000 invested in farmland in 2003 would now be worth over $30,478. 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.
6.6%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
13.3%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
Farmland Returns: Top 5 States
1. nebraska
14.2%
2. north dakota
13.8%
3. south dakota
12.6%
4. kansas
12.4%
5. washington
11.8%
6. minnesota
11.1%