Monday, September 19, 2022 / by Saber Gilbert
Oregon is an agriculturally diverse state, producing more than 250 different commodities, and ranks 28th in the US for commodities sold. California is the only state producing a wider variety of crops than Oregon. There are a total of 37,616 farms in the state spread across 15.9 million acres. Oregon ranks number 1 in the nation for the production of Hazelnuts, Crimson Clover, several types of seeds, Azalea flower, Christmas trees, Rhubarb, and blueberries.
Over the last 20 years, the price of farmland per acre in Oregon has risen by an average of 3.7 % per year to $3,120 per acre as of 2019.
Agricultural land with water rights can see even more of an increase in land values over the upcoming years. Water ...