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Home » United States » What is the most profitable crop to grow in Ohio?

What is the most profitable crop to grow in Ohio?

December 14, 2021 by Sadie Daniel

1. Soybeans. Ohio farmers harvested nearly 4.9 million acres of soybeans in 2020, which produced just under 263 million bushels of the crop. Farm Fact: Soybeans are an important ingredient in crayons.

Contents

What is the most profitable crop in Ohio?

In terms of revenue generated Ohio’s top five agricultural products are soybeans, corn for grain, dairy products, greenhouse and nursery products, and hogs.

What is the most profitable small farm crop?

10 Most Profitable Specialty Crops to Grow

  • Lavender. Lavender farming can produce above-average profits for small growers, as it is such a versatile crop.
  • Gourmet mushrooms.
  • Woody ornamentals.
  • Landscaping trees and shrubs.
  • Bonsai plants.
  • Japanese maples.
  • Willows.
  • Garlic.

What crop is most profitable per acre?

Bamboo is one of the most profitable crops to grow per acre. It can bring in lots of revenue, but the catch is it takes about three (3) years for the bamboo to get “established” once planted.

What is the most popular crop in Ohio?

Farming’s Impact on Ohio’s Economy

  • Ohio’s biggest crop is soybeans, followed by corn, with hogs being the most popular form of livestock.
  • 96 percent of farms in Ohio are family owned.
  • Ohio is in the top 10 in pork production, number two in egg production and number one in producing Swiss cheese.

What is the number 1 crop in Ohio?

1. Soybeans. Ohio farmers harvested nearly 4.9 million acres of soybeans in 2020, which produced just under 263 million bushels of the crop.

Who is the biggest farmer in Ohio?

Niese Farms
Subsidy Recipients 1 to 20 of 146,648

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Rank Recipient (* ownership information available) Total USDA Subsidies 1995-2020
1 Niese Farms * $9,080,261
2 Hendren Farms Partnership * $7,306,679
3 Bryant Agricultural Enterprise * $7,251,148
4 Ohio Family Farms * $6,495,663

What crop is in highest demand?

From an absolute value perspective, the world’s most valuable cash crop is cannabis as well. It is followed by rice, maize, and then wheat.

What can I plant to make money?

8 Most Profitable Plants To Grow

  • Bamboo. Landscapers and homeowners are paying as much as $150 each for potted bamboo plants, and many growers are finding it hard to keep up with the demand.
  • Flowers.
  • Ginseng.
  • Ground Covers.
  • Herbs.
  • Landscaping Trees and Shrubs.
  • Mushrooms.
  • Ornamental Grasses.

What type of farming makes the most money?

Though soybeans are the most profitable crop for large farms, fruit trees and berries generate the most profit of all farm sizes. As farm size increases, labor costs to tend and harvest fruit trees and berries become too high to maintain profits.

How can I make money with 5 acres of land?

Ways to Make Money Off Your Land Almost Immediately

  1. Rent plots to groups looking to build a community garden.
  2. Start blogging about your newest farming adventures.
  3. Sell local honey at farmers markets.
  4. Sell plant seeds online.
  5. Offer indoor or outdoor storage.
  6. Create fishing lakes or ponds for local fisherman or groups to rent.

What is the easiest crop to farm?

Easy Crops to Grow From Seed

  • Lettuce. Lettuce can be sown directly in your garden bed, or started indoors for transplanting.
  • Peas. Snap, snow, and shelling peas are all best sown as early as the soil can be worked in spring.
  • Radishes.
  • Turnips.
  • Beans.
  • Sunflowers.
  • Sweet Potatoes.
  • Winter Squash, including Pumpkins.
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Can a small farm be profitable?

Small farms (earning less than $50,000 annually or occupying less than 180 acres) are now considered potentially lucrative as both rural and urban business opportunities. Entrepreneurs should consider ideas like bee farms, rooftop gardens, and microgreens when choosing among profitable ventures.

Is farming profitable in Ohio?

Over the last 30 years, Ohio’s agriculture – like that of the nation – has changed from a local food system to a commodity production system where corn and soybeans account for roughly 60 percent of agricultural production in the state.This type of farming is a low profit margin, high volume business.

What is Ohio’s biggest agricultural export?

The state’s largest manufacturing export category is transportation equipment, which accounted for $16.7 billion of Ohio’s total goods exports in 2018.
Agriculture in Ohio depends on Exports.

2017 Value 2017 State Rank
corn $342 million 9
other plant products $330 million 13
feeds and other feed grains $282 million 10

What food is Ohio famous for?

These 10 Iconic Foods In Ohio Will Have Your Mouth Watering

  • Buckeyes. Steven Depolo/Flickr.
  • Tony Packo’s chili dogs. Jimmy Emerson, DVM/Flickr.
  • The Thurmanator. James Yeo/Flickr.
  • Slyman’s corned beef. Slymans/Flickr.
  • The 3-Way… Chiot’s Run/Flickr.
  • 6.and cheese coneys.
  • Wendy’s frosty with fries.
  • Paw paws.

What is Ohio’s main source of income?

The state’s economy includes historically strong industries such as insurance and banking, motor vehicle assembly, steel production, agriculture, and research and development. One in seven employed Ohioans works in the agricultural sector. Developing sectors include food processing, information, and bioscience.

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What is Ohio’s largest industry?

Ohio is the biggest manufacturer of plastics and rubber in the country, has the largest bioscience sector in the Midwest, and ranked fourth in the country for green economic growth through 2007.
Economy of Ohio.

Statistics
Labor force 5,883,960
Unemployment 4.3%
Public finances
Revenues $27.3 billion

What county in Ohio has the most farms?

Wayne County
Wayne County has the largest number of farms, 2,034. Cuyahoga County has the fewest number of farms, 111.

Who owns the most farmland in Ohio?

Ohio. Escanaba Timber, LLC. is the largest private landowner in Ohio with about 150,000 acres of land.

What are the top agricultural products in Ohio?

Ohio Agriculture 2021
Ohio’s farms are diverse in more than just size. Poultry, cattle and calves, soybeans, corn, pork, and dairy top the state’s commodity list in terms of production value, but you’ll also find blueberries, strawberries, sweet corn, honeybees, chestnuts, sunflowers and more.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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