Agriculture in Indiana is a large and diverse industry that plays a vital role in the economic stability of Indiana, with 63,000 farms containing 15,400,000 acres (6,230,000 hectares) of farmland. In 2001, cash receipts from the sale of all commodities (crops and livestock) reached $5.1 billion. In the same year, Indiana ranked 14th in the United States in cash receipts from the sale of all commodities; crop sales amounted to $3.2 billion; and livestock sales totaled $1.8 billion.
Over 80% of Indiana's farm operators live on the farm, while more than 51% of farmers have a principal occupation other than farming. The average age for Indiana farmers is 51 years old and the average farm size is 236 acres (96 hectares).
Corn and soybeans are Indiana's two main crops. In 2002 the state produced 631,620,000 bushels of corn for grain, ranking 5th in the US. Indiana also grew 235,750,000 bushels of soybeans, the 4th most in the nation. Other principal field crops, based upon 2002 crop statistics, include spearmint, 84,000 lbs.; peppermint 414,000 lbs.; and cantaloupes 540,000 cwt.