U.S. crop values slipped 6.3 percent in 2009 as demand fell and supply rose through the recession.
The total value of crops for the year was $157.5 billion, down significantly $168.2 from the previous year and its worst levels since 2006 according to a report from the Department of Agriculture.
Leading losses, field crops tumbled 7 percent to $128 billion with fruit and nuts down 6.6 percent to $17.1 billion. Hay declined 20 percent to $15 billion while wheat plummeted 36 percent to $10.6 billion. Commercial vegetables were an exception to the otherwise negative figures, up 2 percent at $12.5 billion. Corn, the biggest American Crop fell 1.5 percent while soybeans gained 7.8 percent for the year at $31.8 billion.
Commercial vegetables will likely remain an exception in the present year as pessimistic predictions for continued declines in produce for the current year come in.
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