Economy Resources
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AP 130-3-03
2025 Inputs and Production Expenditures Forecast
1. U.S. farm production expenditures declined by a moderate 4.1% in 2024 compared to 2023, but remained elevated relative to recent decades, totaling $453.9 billion.
2. Forecasted U.S. farm production expenses for 2024 show increases in labor, livestock/poultry purchases, and property taxes/fees, along with reductions in feed purchases, fertilizer, pesticides, and fuel/oil.
3. In 2025, we expect relatively stable total production costs as reductions in categories such as interest on operating capital and fertilizer are expected to be mostly offset by increases in categories such as labor and custom operations.Guy Hancock
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AP 130-3-04
2025 Georgia Broiler Industry Forecast
1. The outlook in 2025 for the Georgia broiler industry is one of cautious optimism.
2. The significant risk is market fundamentals—will production growth overshoot demand and cause prices to fall?
3. Other areas to watch include relatively low exports, animal protein price competitiveness, and potential grower-contract regulations.William Secor
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AP 130-3-05
2025 Georgia Beef Cattle Forecast
1. The 2025 outlook for the beef cattle sector is positive with low supplies meeting high demand to create elevated prices.
2. In the near term, the higher risk appears to be beef demand—because of likely high beef prices and ample animal protein competition in the year ahead.
3. Herd rebuilding indicators should be watched carefully as the cattle cycle may be approaching its next low in 2025.William Secor
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AP 130-3-06
2025 Georgia Dairy Forecast
1. The Georgia dairy forecast for 2025 is steady to positive.
2. Key uncertainties come from the balance of supply and demand and potential federal order reform.
3. Highly pathogenic avian influenza (HPAI) and export risks may also play a role in the year ahead.William Secor
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AP 130-3-07
2025 Cotton Outlook and Market Situation
1. Cotton prices are anticipated to stay low in 2025, driven by sluggish global economic growth, declining consumer demand, and rising trade uncertainty.
2. U.S. cotton acreage and production are likely to remain at current low levels in 2025 because of relatively weaker price expectations compared to competing crops.
3. Cotton production in 2025 is expected to face limited opportunities for profitability recovery, constrained by high input costs and low prices.Yangxuan Liu
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AP 130-3-08
Peanut Situation and 2025 Outlook
1. Peanut-planted acres in the United States and Georgia are expected to remain steady at current levels in 2025.
2. Forward contract prices in Georgia are projected to decline, with an estimated seasonal price range of $475–$525 per ton.
3. Peanut profitability is anticipated to remain a significant challenge for producers in 2025.Yangxuan Liu
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AP 133-1
Hurricane Helene Impact Report
We estimate that Hurricane Helene’s damages to Georgia agriculture and forestry will cost the state economy at least $5.5 billion in 2024 present value. This figure represents the sum of direct crop losses, losses to firms that support agriculture and forestry, losses to workers in those and related industries, and the recovery and restoration costs that firms in these industries will face. The Georgia Forestry Commission is a collaborator with UGA on this publication.
Timothy Coolong, J.Michael Moore, Jake Price, Lenny Wells, Casey W. Ritz, Wade B. Parker, Jillian Bohlen, Lawton Stewart, Greg Colson, Walter Scott Monfort, Todd Applegate, Mary Sutton, Michael Adjemian, Camp Hand, Ted McAvoy, Zilfina Rubio Ames, and Ping Yu
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AP 130-3
2025 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, Esendugue Greg Fonsah, Guy Hancock, Angie Im, Yanshu Li, Yangxuan Liu, Gopinath (Gopi) Munisamy, Daniel Remar, John Salazar, William Secor, Vanessa P. Shonkwiler, and Amanda R Smith
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AP 129-2
2024 Ag Snapshots
Ag Snapshots is a brief focus on Georgia’s agricultural industry and are based on the Georgia Farm Gate Value Report from the previous year with helpful infographics and maps. Years prior to 2023 can be accessed on the Agribusiness and Economic Development publications site: https://caed.uga.edu/publications/georgia-agricultural-statistics.html
Sharon P Kane
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