LINCOLN, NE – The total value of the 2013 crop production in Nebraska is estimated at $11.9 billion, a decrease of 11 percent from the 2012 total of $13.3 billion, according to the USDA’s National Agricultural Statistics Service. Value of production for each crop is computed by multiplying the marketing year average price by the production.
The total value of corn for grain is $7.39 billion, down 17 percent from $8.85 billion in 2012. The total value of soybeans, at $3.15 billion, is up 8 percent from $2.92 billion last year. The total value of all wheat production is $271 million, down 35 percent from $419 million in 2012.
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