Cranberries
Net U.S. farm income is forecast at a record $100.9 billion for 2011, up $21.8 billion or 28% compared with 2010, the U.S. Department of Agriculture said.
The USDA projected the value of U.S. crop production at $204 billion, up $31.9 billion from 2010. Together, fruits, nuts and vegetables accounted for about 21.4% of total U.S. crop value.
The USDA projected fruits and nuts sales in 2011 are estimated at $22.2 billion in 2011, up $700 million from 2010. Meanwhile, vegetable and melon sales are projected at $21.3 billion, up $1.4 billion from 2010.
The agency predicted double digit volume increases for avocados, almonds, walnuts, and cranberries in 2011. On the other hand, the USDA projected double digit volume declines for pecans and lemons.
While farm income was up strongly, higher input prices caused production expenses to rise by 12% in 2011, to $320 billion
Labor costs are expected to rise in 2012 in response to higher incomes, the agency said, For 2011, the USDA predicted labor expenses to fall 1.3% in response to a 1.1% wage increase and a 2.3% decline in total output. Output of vegetable and greenhouse/nursery will be up in 2011, while fruit and nut output should be down slightly, the USDA said.
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