Economics
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Our UGA Extension Economist – Amanda Smith, has finished the 2023 budgets and the Crop Comparison Tool. You can see all Agriculture budgets at: https://agecon.uga.edu/extension/budgets.html All of the information for budgets and the tool use estimates based off of predictions for 2023. To get the best use of these materials you should download the file…
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There is a lot of uncertainty in the market but the UGA Economics Department has the tentative budgets ready. You can access them all at : https://agecon.uga.edu/extension/budgets.html These budgets help you the most when you save them and input your farms information. If you need help navigating this process please reach out to your county…
Posted in: Economics -
As many of you know, there have been changes to many of the agriculture inputs over the last few weeks. Our Ag Economics Department updated the Crop Comparison Tool to reflect these changes in input costs and market prices. Below you can look at the updated copies. Or if you want to pull a comparison…
Posted in: Economics -
The 2021 Row Crop Enterprise Budgets and Crop Comparison Tool have been posted online at https://agecon.uga.edu/extension/budgets.html The commodity prices in the Crop Comparison Tool are an estimate of the season average farm price based on harvest time futures contracts and adjusted for expected basis (except for peanuts). Peanut prices are based on contracts priced…
Posted in: Economics -
Check out the flyers below or clink on the link to get more information on the up-coming Farm Economic programs. The Executive Farm Management Program: https://execfarmmgmt.ces.ncsu.edu/2021-webinar-series/ EFM Boot Camp: https://execfarmmgmt.ces.ncsu.edu/2021-bootcamp-info/
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This week the Georgia Department of Agriculture will announce the release of a second “Impact of COVID-19 on Agriculture Survey”. The Center for Agribusiness and Economic Development faculty have modified and updated the first survey that was released in May 2020. Their hope is that farmers can now place some economic impact perspective for the…
Posted in: Economics -
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Please see attached for a brief 1-pager on some important resources for farmers related to COVID-19. It briefly covers the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL) and Marketing Assistance Loans (MAL). CLICK HERE: COVID-19 Resources for Farmers
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Agricultural producers with base acres need to make a decision on the safety net programs (ARC/PLC) by March 16, 2020.