2003 crop values up The value of all principal crops grown in South Dakota in 2003 totaled $2.71 billion, according to the USDA's South Dakota Agricultural Statistics Service.
This is up 40 percent from the $1.94 billion value of 2002 crops and 24 percent above the $2.18 billion value of 2001 crops. The increased crop production in 2003 resulted in the higher values.
Corn for grain was the leading valued crop of 2003, at $961.5 million, up 46 percent from 2002. Soybeans were ranked as the second highest valued crop, at $786.3 million; followed by alfalfa hay, third, at $343.7 million; other spring wheat, fourth, at $202.6 million; and winter wheat, fifth, at $198.8 million.
Remaining crops and their 2003 values are: other hay, $108.2 million; sunflower, $49.8 million; oats, $20.3 million; sorghum for grain, $15.1 million; proso millet, $8.4 million; barley, $7.0 million; durum wheat, $2.5 million; potatoes, $2.4 million; dry edible beans, $2.1 million; rye, $1.5 million; and flaxseed, $0.8 million.
The 2003 value of production for all the principal crops showed an increase from 2002 values, with the exception of dry edible beans. Crops values are computed by multiplying the marketing year average price by the production.