Agricultural Development Resources
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AP 130-2-02
2024 Georgia Agriculture Outlook
1. Food and commodity prices are expected to return to prepandemic levels.
2. Coupled with increasing costs, the nation’s farm income is expected to decline by 17% between 2022 and 2023.
3. Georgia’s 2023 net farm income is likely to return to the 10-year average of about $3 billion.
4. Potential upsides for Georgia are the possibility of higher demand for poultry, cotton, and peanuts from domestic and overseas markets.
5. Risks to this forecast are higher input costs, geopolitical risks, cheaper imports of some commodities, and a global economic slowdown.Ben Campbell and Gopinath (Gopi) Munisamy
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AP 130-2-03
2024 Inputs and Production Expenditures Forecast
1. Farm input expenses continued to increase in 2023; when adjusted for inflation, they remained below 2014’s record highs.
2. Notable changes in 2023 included reductions in farm interest and fertilizer expenses.
3. Total production expenses are forecast to decline slightly with the largest changes in interest, fertilizer, and pesticide categories.Ben Campbell and Guy Hancock
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2021 plant disease losses, including control costs, amounted to an estimated $889 million. The value of the crops used in this estimate was approximately $7690 million, resulting in a 11.6% relative disease loss across all crops included in this summary. For most crops, the estimated values used to compute these disease losses are summarized in the UGA Center for Agribusiness & Economic Development’s “2021 Georgia Farm Gate Value Report” (AR-22-01). Some estimates for fruits, ornamentals, and turf rely on specialists’ knowledge of the industry and industry sources for information.
Elizabeth L. Little and Harald Scherm
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AP 130-2
2024 Georgia Ag Forecast
Each year, UGA’s agricultural economists develop a comprehensive overview to help various sectors of the agriculture industry navigate the year ahead. As Georgia’s land-grant university, the University of Georgia conducts cutting-edge research on critical and emerging issues that are important to the agriculture industry. From this research, UGA provides the best information and education available to producers and constituents to equip them with knowledge and decision-making tools for their businesses.
Ben Campbell
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Starting a farming or commercial production enterprise requires more than knowledge of agriculture or livestock management. The business side of farming is a critical factor in the success and sustainability of the enterprise. This resource can help answer common questions that beginning farmers have about planning, licensing requirements, financing options, training, and more.
Heather Kolich and Amanda R Smith
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AP 130-1
2023 Georgia Ag Forecast
The entire publication is viewable using the “View PDF” button above. Each year, UGA’s agricultural economists develop a comprehensive overview to help various sectors of the agriculture industry navigate the year ahead. As Georgia’s land-grant university, the University of Georgia conducts cutting-edge research on critical and emerging issues that are important to the agriculture industry. From this research, UGA provides the best information and education available to producers and constituents to equip them with knowledge and decision-making tools for their businesses. The overall U.S. outlook projections include: 1. In 2023, the postpandemic expansion will end, and a mild recession will begin. 2. The 2023 recession will be mild and short. 3. Tight monetary policy because of high inflation is the main reason to expect a recession. Energy price shocks are a second reason to expect a recession. 4. Georgia’s economy will do better than the U.S. economy as a whole. 5. Economic development projects will provide a solid push to Georgia’s economy.
Esendugue Greg Fonsah, Jennifer A Berry, PhD, Amanda R Smith, Ben Campbell, Yangxuan Liu, John Salazar, and Yanshu Li
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AP 130-1-01
2023 Overall Georgia and U.S. Economic Outlook
Each year, UGA’s agricultural economists develop a comprehensive overview to help various sectors of the agriculture industry navigate the year ahead. As Georgia’s land-grant university, the University of Georgia conducts cutting-edge research on critical and emerging issues that are important to the agriculture industry. From this research, UGA provides the best information and education available to producers and constituents to equip them with knowledge and decision-making tools for their businesses. The overall U.S. outlook projections include: 1. In 2023, the postpandemic expansion will end, and a mild recession will begin. 2. The 2023 recession will be mild and short. 3. Tight monetary policy because of high inflation is the main reason to expect a recession. Energy price shocks are a second reason to expect a recession. 4. Georgia’s economy will do better than the U.S. economy as a whole. 5. Economic development projects will provide a solid push to Georgia’s economy.
Amanda R Smith
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B 1499
Haiti Peanut Research Report
This report summarizes the findings of field trials and basic data collected in Haiti under the Feed the Future Peanut & Mycotoxin Innovation Lab project from 2014-2017. The focus of the research was to improve peanut productivity through management options for foliar diseases, low soil fertility, and other yield-limiting agronomic factors.
French translation:
https://extension.uga.edu/publications/detail.html?number=B1499-FR”>https://extension.uga.edu/publications/detail.html?number=B1499-FRTimothy Branner Brenneman, Robert C Kemerait Jr, and Jamie Rhoads
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