undefined Agriculture Overview

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pennsylvania20 yearsall

Agriculture is the number one economic enterprise in Pennsylvania and the state ranks 19th in the United States in terms of agricultural sales. The top commodities produced and sold in Pennsylvania include: Milk, Chicken Eggs, Chicken Broilers, and Cattle. With the majority of their land covered in forests and as the home for several major food processing companies, forest products and food products generate the most revenue from exports in the state. As of 2017, there were a total of 53,157 farms in Pennsylvania across more than 7.2 million acres of farmland with an average size of 137 acres.

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Farmland Returns



pennsylvania Farmland Returns

Over the last 20 years, pennsylvania farmland has offered average returns of 5.9%. At this rate, $10,000 invested in farmland in 1999 would now be worth over $68,800. 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 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019$0$8000$16000$24000$32000$40000Highcharts.com


Standard Deviation of Returns

Year Over Year Change (%)

Source: NCREIF

Created with Highcharts 7.2.01998199920002001200220032004200520062007200820092010201120122013201420152016201720182019-5 %0 %5 %10 %15 %20 %Highcharts.com

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