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Explore Florida agriculture and learn what makes it unique.
The famous Florida Groves have been producing citrus products for over 200 years, including oranges, grapefruits, as well as other specialty fruits. Florida is a global powerhouse in citrus production, producing more than 70% of our country’s citrus products, ranking as the number 1 producer of grapefruit in the world and the number 2 in orange juice production globally. Aside from citrus products, Florida agriculture also provides more than 60% of the sugarcane produced in the U.S. and nearly 20% of flowers grown and sold commercially. As of 2017, there were 47,590 farms in Florida, comprising 9.7 million acres of agricultural land.
3.2%
3.7%
63.7%
3.19%
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.
3.7%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2008 | 3.4% | 3.4% |
| 2009 | -3.9% | -0.6% |
| 2010 | 0.8% | 0.2% |
| 2011 | 1.9% | 2.1% |
| 2012 | -0.8% | 1.2% |
| 2013 | 1.8% | 3.1% |
| 2014 | 3.1% | 6.3% |
| 2015 | 3.3% | 9.8% |
| 2016 | 4.5% | 14.7% |
| 2017 | 2.9% | 18.1% |
| 2018 | 3.1% | 21.7% |
| 2019 | 3.7% | 26.2% |
| 2020 | 1.8% | 28.5% |
| 2021 | 3.3% | 32.7% |
| 2022 | 10.6% | 46.7% |
| 2023 | 11.6% | 63.7% |
