(1) The items of personal property described in subsection (2) of this section which, on the assessment date, are owned and in the actual or constructive possession of the farmer who produced them or who has procured them for use or consumption in the farm operations of the farmer, shall be exempt from taxation.\n(2) The items referred to in subsection (1) of this section are as follows:\n(a) Grain.\n(b) Seed.\n(c) Hay.\n(d) Fruit.\n(e) Vegetables.\n(f) Nuts.\n(g) Hops.\n(h) Wool.\n(i) Fish.\n(j) Poultry.\n(k) Butter, cheese and evaporated, condensed or concentrated milk.\n(L) Mint.\n(m) Bivalve mollusks.\n(n) Livestock.\n(o) Fur-bearing animals.\n(p) Bees.\n(q) Vermiculture supplies and products. [1965 c.429 §2; 1979 c.692 §2; 1987 c.691 §1; 2001 c.753 §11; 2005 c.657 §5]
Oregon Legal Code