Economics
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The 2023 Row Crop Production Budgets have been completed and are available on the UGA Agricultural and Applied Economics budgets webpage. The budgets are downloadable to your preferred device. You will need to enter your anticipated yield, costs, and returns for your farm. Feel free to contact me, if you have any questions.
Posted in: Economics -
For the third month in a row, agricultural producer sentiment weakened in October as the Ag Economy Barometer declined to 121, 3 points lower than a month earlier. The modest decline in the overall sentiment index occurred as a result of producers’ weaker perceptions regarding both current and future conditions in the production agriculture sector. The Index of…
Posted in: Economics -
I don’t have to tell you that crop input costs have gone up since January. Amanda Smith, UGA Extension Economist, has updated the Crop Comparison Tool to reflect those higher costs. Below are links to the updates. The Crop Comparison Tool and Crop Budgets can be found at the UGA Extension Ag Economics web page.
Posted in: Economics -
On March 31, 2021, the USDA National Agricultural Agricultural Statistics Service (NASS) released its 2021 Prospective Plantings Report. Georgia Highlights from the report. Corn planted is estimated at 480,000 acres, up 14 percent from 2020. Cotton planted intentions are up 1 percent from last year at 1.20 million acres. Peanuts are estimated at 790,000 acres,…
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The 2021 UGA Extension row crop enterprise budgets and crop comparison tool have been released. You can find them here. Contact me if you have any questions.
Posted in: Economics -
Check out the flyers below or click on the link to get more information on the up-coming Farm Economic programs. These programs are sponsored by UGA Extension, NC State Extension, Clemson Cooperative Extension, and East Carolina University College of Business. The Executive Farm Management Program: https://execfarmmgmt.ces.ncsu.edu/2021-webinar-series/ The Executive Farm Management Boot Camp: https://execfarmmgmt.ces.ncsu.edu/2021-bootcamp-info/
Posted in: Economics -
A survey is now being conducted by the University of Georgia in an effort to get a year-end perspective of the impact of the pandemic on Georgia’s agricultural industry. The Georgia Foundation for Agriculture, Georgia Farm Bureau, Georgia Department of Agriculture and UGA Center for Agribusiness and Economic Development are jointly sponsoring the survey. Organizers…
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2020 Series Schedule Dates, Locations and Registration: Price: each ticket for the event is $25 and includes a meal. Register online or to pay with a check please call 706-542-5046. Online registration will close three business days ahead of each event, and limited onsite registration is available. Schedule: (except for Tifton location) 9 a.m. On-site check-in and coffee…
Posted in: Economics -
The 2020 Crop Budgets have been posted online. The Crop Comparison Tool has also been posted online. You can find them at this link. https://agecon.uga.edu/extension/budgets.html Contact me if you have any questions.
Posted in: Economics