Farm sales up almost $1 Billion in VirginiaMarch 11, 2014
Gov. Terry McAuliffe reported in February that Virginia’s farms saw a dramatic increase in both the market value of production and the average value of products sold per farm according to the preliminary results of the U.S. Department of Agriculture’s 2012 Census of Agriculture. From 2007 – 2012, market value of production sold increased 29 percent to $3.8 billion while the average value of products sold per farm increased 33 percent to $81,540.
Virginia also showed a reversal in the loss of farm land in the Commonwealth with a gain of 3%, rising to 8.3 million acres of land held in farms. While farm land has increased, the number of farms has decreased, meaning that farms are growing larger here in Virginia.
Read the full press release here.