What are 10 commodities?
The 10 largest sources of cash receipts from the sale of U.S.-produced farm commodities in calendar year 2022 are (in descending order): corn, cattle/calves, soybeans, dairy products/milk, broilers, hogs, miscellaneous crops, chicken eggs, wheat, and hay.
- Cattle, $15.5 billion.
- Poultry and Eggs, $5 billion.
- Dairy, $3.5 billion.
- Corn, $1.6 billion.
- Cotton, $1.4 billion.
- Greenhouse, $1.2 billion.
- Fruits, Vegetables, Tree Nuts, $846 million.
- Wheat, $443 million.
Georgia is perennially the number one state in the nation in the production of peanuts, broilers (chickens), pecans, blueberries and spring onions. We are also at or near the top when it comes to cotton, watermelon, peaches, eggs, cucumbers, sweet corn, bell peppers, tomatoes, cantaloupes, rye and cabbage.
West Virginia's leading farm commodities include beef cattle, broiler chickens, hay, dairy products, apples, corn, and turkeys. Broilers are the top agricultural commodity produced. About 10 million chickens are raised annually along the border.
Over a third of the country's vegetables and nearly three-quarters of the country's fruits and nuts are grown in California. California's top 10 valued commodities for the 2022 crop year are: 1 Dairy Products, Milk — $10.40 billion Grapes — $5.54 billion Cattle and Calves — $3.63 billion Almonds — $3.52 billion Lettuce ...
Commodity | Annual Amount |
---|---|
Refined and Crude Petroleum | $71.32 billion |
Soybeans | $22.3 billion |
Gold | $17.7 billion |
Corn | $9.82 billion |
RANK | COMMODITY | CASH RECEIPTS ($) |
---|---|---|
1 | Broilers | 1,602,080,000 |
2 | Cattle and Calves | 482,253,000 |
3 | Turkeys | 453,838,000 |
4 | Dairy Products, Milk | 395,640,000 |
The state's most valuable agricultural commodities are cattle and calves, dairy products, lettuce, and cotton.
Arizona's Five C's are: Copper, Cattle, Cotton, Citrus and Climate.
- Other seeds.
- Greenhouse/nursery.
- Cane for sugar.
- Macadamia nuts.
- Cattle and calves.
What are the top 5 commodities in Alaska?
- Greenhouse/nursery.
- Hay.
- Cattle and calves.
- Potatoes.
- Dairy Products.
- Cattle and Calves.
- Wheat.
- Corn.
- Sorghum.
- Soybeans.
Colorado ranks first in the country for the production of proso millet and in the top ten in approximately 20 other commodities including cattle and calves, winter wheat, market sheep and lambs, wool production, alfalfa, potatoes, onions, apples, peaches, grapes and melons.
- Vegetables and preparations.
- Dairy Products.
- Soybeans and products.
- Hides and skins.
- Greenhouse/nursery.
- Dairy products.
- Corn, sweet.
- Apples.
- Potatoes.
- Hay.
- Dairy products.
- Onions.
- Potatoes.
Top 5 Agriculture Commodities, 2022 | Farm receipts (1,000 dollars) | U.S. farm receipt percentage |
---|---|---|
Soybeans | 3,446,424 | 6.2 |
Corn | 3,071,976 | 3.5 |
Poultry and Eggs | 2,746,032 | 3.6 |
Cattle and Calves | 2,211,897 | 2.5 |
What About Crude Oil? Crude oil is by far the biggest commodity market, and oil prices were the talk of the town for much of 2022.
Estimating the Role of Seven Commodities in Agriculture-Linked Deforestation: Oil Palm, Soy, Cattle, Wood Fiber, Cocoa, Coffee, and Rubber.
Top agricultural commodities include corn ($1.5B), soybeans ($1.3B), poultry ($1.2B), equine ($1B), cattle ($879M), hay and haylage ($854M), tobacco ($269M), and wheat ($194M) (2021 figures).
What is the most sold commodity?
Brent Crude oil is the most traded global commodity. Brent Crude is extracted from the North Sea and accounts for two-thirds of global oil pricing. Like the other crude oil benchmark WTI, Brent Crude is mainly refined into diesel fuel and gasoline. Brent Crude is generally slightly more expensive than WTI crude oil.
- Dairy products.
- Maple products.
- Greenhouse/nursery.
- Apples.
- Greenhouse/nursery.
- Cranberries.
- Dairy products.
- Apples.
- Aquaculture.
Tobacco, sweet potatoes and livestock are North Carolina's top agricultural drivers. Even as North Carolina grows in population and diversifies its economy, agriculture continues to be a main economic driver for the state.
Best: Cattle and calves
Claiming the top spot in Texas and the No. 2 seed nationally, only below corn, cattle brought in a substantial $11.557 billion to state agricultural cash receipts in 2022, nearly tripling the dairy industry.