undefined Agriculture Overview

Explore undefined agriculture and learn what makes it unique.


arizona20 yearsall

Agriculture in Arizona is a major contributor to the state’s economy, as well as the U.S. economy. With a climate that promotes year-round growth of a wide variety of crops, farmers grow a diverse mix of crops including cash crops such as cotton, alfalfa, and wheat as well as specialty crops such as fresh vegetables and nursery crops. In fact, Arizona is the third-largest producer of fresh vegetables in the United States. As of 2017, there were 19,086 farms in the Grand Canyon State spread across over 26 million acres of agricultural land.

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Farmland Returns



arizona Farmland Returns

Over the last 20 years, arizona farmland has offered average returns of 12.3%. At this rate, $10,000 invested in farmland in 2010 would now be worth over $132,900. Farmland returns are made up of two values, land appreciation, and capitalization rates of the property. Total farmland returns have been positive every year since 1990.


Average Annual Returns

Cumulative Returns of Farmland

Source: NCREIF

Created with Highcharts 7.2.02010201120122013201420152016201720182019$0$6000$12000$18000$24000$30000Highcharts.com


Standard Deviation of Returns

Year Over Year Change (%)

Source: NCREIF

Created with Highcharts 7.2.020102011201220132014201520162017201820190 %25 %50 %75 %100 %125 %Highcharts.com

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Additional Documents

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