Explore undefined agriculture and learn what makes it unique.
Ranking in the top three industries in Wyoming, agriculture has a major impact on the state's economy and Livestock is king. Wyoming has long-been known for their excellence in Cattle production and over 60% of the state's revenue from agriculture comes from their sale of Cattle and Calves. As you can imagine, Hay is also produced in abundance in Wyoming, which is commonly used as feed. In the river bottoms of Wyoming, you will find more fertile soils growing Corn, Sugar Beets, Dry Beans, and Barley as well. As a whole, 47% of Wyoming's total land area is used as farmland amounting to a total of 29 million acres.
Over the last 20 years, wyoming farmland has offered average returns of 6.3%. At this rate, $10,000 invested in farmland in 2009 would now be worth over $73,300. 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
Standard Deviation of Returns
Year Over Year Change (%)