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Michigan’s Robust Agricultural Industry
Michigan is a great state If you are looking for farm or ranch land for sale. Michigan produces almost 300 different commodities, making it the second most diverse agriculture industry in the country, trailing only California. Michigan has a wide agriculture and animal mix, with around 60% being crops and 40% of livestock. Michigan has nearly 10 million acres of farmland with the average size farm being 193 acres. 99% of the farms that are structured as corporations are family-owned and involve multiple generations and family members.
The food and agricultural business provides $101.2 billion to the state’s economy each year. Michigan exports over one-third of its agricultural goods every year generating nearly $2.8 billion in annual revenue. Almost 40% of all agricultural exports from Michigan flow directly to Canada, our top export market. Other export countries include Mexico, Japan, China, and Thailand. Some of the major commodities include Milk, Floriculture, corn, soybeans, various fruit and vegetables, cattle, hogs, pultry, and sugar beets.