Learn more about the varied and productive industry that is California agriculture.
Home to 77,857 farms and ranches, California agriculture is thriving. The $54 billion agricultural industry generates at least $100 billion in related economic activity.
According to the California Department of Food and Agriculture, the Golden State grows more than 400 agricultural commodities (more than any other state), accounting for over a third of the nation’s vegetables and two-thirds of the nation’s fruits and nuts. In addition, California agriculture totaled $20.04 billion in export value in 2016. It’s no surprise California has been named the top agricultural-producing state in the U.S. for the last five decades.
What is California Known for Producing?
One of only five agricultural regions in the world with a Mediterranean-growing climate, California is the most agriculturally diverse state in the U.S., and some of the crops it produces aren’t grown anywhere else in the country. For example, the Golden State is a top producer of grapes – specifically table grapes, the kind you eat on their own or mixed in a fruit salad – along with almonds, lettuce, strawberries, tomatoes, pistachios, and walnuts.
California also dominates the U.S. milk and dairy production industries, leading the nation as the top dairy producer for 25 years. Today, California’s dairy farms provide more than 400,000 jobs, and in 2016, the state’s dairy industry generated $6.07 billion in cash receipts, making milk and dairy production California’s No. 1 agricultural commodity.
California Agriculture: Viticulture & Wine
The Golden State is also America’s top wine producer, producing 81 percent of all U.S. wine. California is currently the world’s fourth leading wine producer after France, Italy, and Spain. California’s wine shipments in the U.S. reached an estimated retail value of $35.2 billion in 2017, up 3 percent from the year before. In 2017, California sold over 278 million cases of wines to markets worldwide. Of the country’s $1.5 billion in wine exports, more than 90 percent were from California agriculture.
Moreover, California is home to 5,900 wine grape growers and its wine industry creates about 325,000 jobs across the state and 786,000 jobs nationwide. The economic impact is also significant, California’s wine industry had a state economic impact of $57.6 billion and a national economic impact of $114 billion in 2016.
AgAmerica Lending’s spectrum of financial solutions can provide the right financing for operations of all kinds in California – and across the U.S. Contact us today to learn more about how our team of land loan experts can help you prepare your operation for a strong, healthy financial future.