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2024 A Mixed Bag for Idaho Agriculture

In 2024, Idaho's agriculture sector experienced mixed financial results, as highlighted in the University of Idaho’s The Financial Condition of Idaho Agriculture report. Total farm-gate receipts reached a record $11.3 billion, marking a 4% increase from 2023. However, this overall growth concealed significant disparities between the crop and livestock sectors. Receipts for Idaho wheat fell 7% from the previous year, totaling $564 million. Despite these challenges, agriculture remains a cornerstone of Idaho’s economy, generating $38 billion in annual sales, accounting for 17% of the state’s economic output, and supporting one in nine jobs.