Banking on farming

As corporate capitalism falters, Butte County’s farms are bringing home the bacon

With Wall Street’s icons of the investor class falling like flies and the dollar becoming as weak as a Weimar deutschmark, Butte County residents can take some comfort—quite a lot, actually—in the fact that they live in the world’s most fertile and productive farm country. Economy be damned, people still gotta eat. And the weak dollar makes American-grown food products extremely attractive overseas, which is why they’re sold in 50 different countries. Local farmers’ costs are up, especially for energy, but so generally are sales and prices, with the 2007 total topping a half-billion dollars for the very first time, at $507,253,000. Here are the 2007 and 2006 figures for the top five Butte County crops:

Crop Year</</td> Production (tons) Price/ton Total value
Almonds 2007 37,198 $3,580 $133,170,000
  2006 25,170 $4,150 $104,456,000
Rice 2007 440,075 $295 $129,822,000
  2006 435,373 $288 $125,387,000
Walnuts 2007 50,014 $2,100 $105,029,000
  2006 51,156 $1,560 $79,803,000
Dried plums 2007 12,708 $1,600 $20,333,000
  2006 32,634 $1,350 $44,056,000
Peaches 2007 37,305 $288 $10,744,000
  2006 21,492 $276 $10,744,000

Source: Butte County 2007 Agricultural Crop Report