Agricultural Economics Resources
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AP 130-4
2026 Georgia Ag Forecast
NewEach 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, Jeffrey M. Humphreys, Guy Hancock, Yangxuan Liu, Amanda R Smith, William Secor, Esendugue Greg Fonsah, Yanshu Li, John Salazar, Angie Im, and Vanessa P. Shonkwiler
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AP 130-4-01
2026 Overall U.S. and Georgia Economic Outlook
NewEach 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.
Jeffrey M. Humphreys and Ben Campbell
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AP 130-4-02
2026 Georgia Ag Economic Outlook
NewFood and fiber production remain an important driver of Georgia’s overall economy. Production of agricultural commodities was directly valued at $17.6 billion in 2023, with production contributing to roughly $91.4 billion in total output and 381,200 jobs. The impact of the agricultural economy is particularly important in Georgia’s rural counties.
Georgia farmers had a mixed year in 2025 with farm profits differing greatly across commodities. For most major crop commodities produced in the state, prices and profits (if they were to be had) were weak. Unfortunately, with flat price projections for most Georgia crops in 2026, cash receipts are unlikely to see significant improvement.
Gopinath (Gopi) Munisamy and Ford Ramsey
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AP 130-4-03
2026 Inputs and Production Expenditures
NewFood and fiber production remain an important driver of Georgia’s overall economy. Production of agricultural commodities was directly valued at $17.6 billion in 2023, with production contributing to roughly $91.4 billion in total output and 381,200 jobs. The impact of the agricultural economy is particularly important in Georgia’s rural counties.
Georgia farmers had a mixed year in 2025 with farm profits differing greatly across commodities. For most major crop commodities produced in the state, prices and profits (if they were to be had) were weak. Unfortunately, with flat price projections for most Georgia crops in 2026, cash receipts are unlikely to see significant improvement.
Guy Hancock
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AP 130-4-04
2026 Cotton Outlook and Market Situation
NewThe key points for the 2026 season are: Cotton remains financially strained by high input costs, elevated interest rates, and weak prices, which have left U.S. cotton producers with ongoing negative profit margins, continuing a long-term trend of economic losses. Rising Brazilian production, China’s diversification away from U.S. cotton, and global stocks exceeding demand have intensified market competition and kept cotton prices suppressed. With cotton futures in the mid-60s, limited demand recovery, and production costs still high, growers must carefully manage expenses and adopt strong marketing strategies to reduce financial risk.
Yangxuan Liu
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AP 130-4-05
2026 Peanut Outlook and Market Situation
NewThe key points for the 2026 season are: High peanut acreage is expected to continue into 2026, keeping overall U.S. and Georgia production elevated. Oversupply will keep prices under pressure, with Georgia forward contracts likely in the range of $425–$500/ton. Exports and profitability remain challenged, underscoring the need for new markets and stronger demand to support grower returns.
Yangxuan Liu
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AP 130-4-06
2026 Corn, Soybean, and Wheat Outlook
NewThe key points for the 2026 season are: Large ending stocks from 2025 mean that prices will likely remain low during 2026. Tight margins are expected to continue in 2026 as projected prices for corn, soybeans, and wheat are near or below the breakeven cost of production. In Georgia, growers are likely to plant more corn acres, while soybean and wheat plantings will be comparable to last year.
Amanda R Smith
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AP 130-4-07
2026 Beef Outlook
NewThe key points for 2026 are: Tight supplies will support prices at very high levels in 2026; cattle inventories appear to be stabilizing this year, but a major expansion appears to be further in the future; and weakness in consumer demand—either from softening ability or willingness to pay for high-priced beef—is a significant risk to the outlook.
William Secor
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AP 130-4-08
2026 Dairy Outlook
NewThe key points for 2026 are: The outlook faces headwinds on increasing production that appears to be outpacing demand; potential improvements on the supply and demand balance may occur later in the year; and opportunities from new local processing could support Georgia producers this year.
William Secor
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