Ag Economists Monthly Monitor
University of Missouri
Farm Journal

The Ag Economists’ Monthly Monitor survey is a joint effort between Farm Journal and agricultural policy research centers at the University of Missouri. Questions are sent to agricultural economists nationwide to gauge perspectives on important drivers of agriculture and provide unique and timely insights that affect stakeholders at all levels of the industry with the results being posted on Ag Web.

survey

The value of Monthly Monitor

Participants in the Monthly Monitor survey are carefully selected to represent both academic and industry perspectives from across the United States. The first of its kind, the survey harvests insight from individuals with expertise in crop, livestock, policy and agricultural finance. The economists provide insights into agricultural economic health and views on market trends through crop and livestock production forecasts, farm income expectations, as well as pre-USDA report estimates. The survey is anonymous, a key factor what makes this survey so valuable.

The Ag Economists’ Monthly Monitor is a survey of nationally recognized economists representing multiple universities, commodity groups and private organizations and companies spanning multiple geographic regions. This diversity allows for expertise in a variety of crop, livestock and policy sectors.

The Rural and Farm Finance Policy Analysis Center (RaFF) and the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri support the Ag Economists’ Monthly Monitor survey as it provides farms, ranches and agribusinesses a glimpse into expert economist opinion on the current and future states of agricultural markets, domestically and abroad. RaFF and FAPRI team members are enthusiastic about the future of the Ag Economists’ Monthly Monitor and the opportunity the survey affords for economists of varying expertise to share their views with a broader audience.

Economists were asked their biggest concerns regarding the outlook of U.S. agriculture. The responses varied based on crops and livestock, but in general, the Monthly Monitor revealed the biggest concerns include:

• Increased input prices
• Abnormal weather patterns (including drought)
• Export demand and geopolitical risks
• Margin squeeze for producers
• Increased interest rates
• Regulatory pressures negative impact on demand.

To view more in-depth coverage from the first Monthly Monitor, visit AgWeb.com

Monthly Monitor News

Agricultural Economy Situation

The Ag Economy Is Healthy, And That’s One Reason Economists Think It Could Be 2025 Before We See A New Farm Bill

Ag Economists Monthly Monitor - Ag Economy Outlook - Main Article Image - 08-2023 - WEB

Ag Economists Turn More Bullish On Soybean Prices, Corn Prices Are a Big Red Flag

Ag Economists Monthly Monitor - 08-2023 - Cattle Herd Expansion - WEB

Could Cattle Prices Soar Through Next Year? That’s What Economists Think, And It Could Completely Change the Industry

Digging into the findings

Tyne Morgan talks with University of Missouri Agricultural Economist, Scott Brown about the findings of the first Ag Economists’ Monthly Monitor Reports

Ag Economists' Monthly Monitor

May 2024 Report

As Farmers Look to Cut Costs for 2025, Machinery and Technology Could Take the Biggest Hit

Commodity prices have seen a bit of a rebound over the past month, but even with optimism beginning to surface with prices, agricultural economists think net farm income could fall more than expected, and the fallout could be felt with just how much farmers scale back what they purchase over the next year.
April 2024 Report

A Margin Squeeze is Setting in Across Row-Crop Farms, and 80% of Ag Economists Are Now Concerned It'll Accelerate Consolidation

Farmers across the U.S. push forward to plant, and there’s an immense amount of pressure riding on this year’s crop production picture. With a margin squeeze setting in across farms, economists think it could accelerate consolidation in the row-crop industry.
March 2024 Report

Will We See a Hard Fall or Soft Landing? It's the Million Dollar Question for the Farm Economy This Year

One economist pointed out, for those producers who thought 2021/22 was a new normal for commodity prices, they might be overextended heading into the latest downturn. Another economist said corn farmers could face the steepest losses this year.
February 2024 Report

Fallout From Falling Net Farm Income and Stubborn Interest Rates: Ag Economists Reveal What’s Now at Risk in 2024

As farmers face the reality of falling commodity prices and tighter margins in 2024, the latest Ag Economists’ Monthly Monitor shows a projected major drop in net farm income this year with interest rates not expected to improve much if any in 2024.
January 2024 Report

Why Ag Economists Think Net Farm Income Could Fall to Lowest Level in 3 Years

Agricultural economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024. Lower commodity prices, along with the outlook for higher costs, continue to weigh on the agriculture industry.
December 2023 Report

From a Recession in China to $4 Corn, Here Are 10 Potential Surprises Ag Economists Say Could Impact Agriculture in 2024

From the election to world trade, as well as geopolitical factors that have the potential to shape agriculture in 2024, ag economists think the coming year is poised for several possible surprises that could have a direct impact on farmers across the U.S.

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