Others titles
- US Agricultural Trade Projections
- US Long Range Weather Forecast for Agriculture
Keywords
- US Agricultural Projections
- Projections for Major Commodities
- USDA Agricultural Projections
- US Macroeconomic Conditions
- US Agricultural Supply and Demand Report
- Agriculture Information
- U.S. Department of Agriculture
- USDA
US Agricultural Trade Long Term Projections 2020 to 2031
This dataset shows the long-run projections (US Agricultural Trade) for the US agricultural sector to 2030 includes assumptions for the US and international macroeconomic conditions and projections for major commodities, farm income, and the US agricultural trade value. Values are from the publication United States Department of Agriculture (USDA) Agricultural Projections to 2031, October 2021.
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Description
United States Department of Agriculture (USDA) long-term agricultural projections presented in this report are a departmental consensus on a long run scenario for the agricultural sector. These projections provide a starting point for discussion of alternative outcomes for the sector. The scenario presented in this report is not a USDA forecast about the future. Instead, it is a conditional, long run scenario about what would be expected to happen under a continuation of current farm legislation and other specific assumptions.
Critical long-term assumptions are made for U.S. and international macroeconomic conditions, US and foreign agricultural and trade policies, and growth rates of agricultural productivity in the United States and abroad. The report assumes that there are no domestic or external shocks that would affect global agricultural supply and demand. Normal weather is assumed. Changes in any of these assumptions can significantly affect the projections, and actual conditions that emerge will alter the outcomes. The report uses as a starting point the short-term projections from the November 2017 World Agricultural Supply and Demand Estimates report. The macroeconomic assumptions were completed in October 2021.
The projections analysis was conducted by interagency committees in USDA and reflect a composite of model results and judgment-based analyses. The Economic Research Service had the lead role in preparing the departmental report. The projections and the report were reviewed and cleared by the Interagency Agricultural Projections Committee, chaired by the World Agricultural Outlook Board. USDA participants in the projections analysis and review include the World Agricultural Outlook Board; the Economic Research Service; the Farm Service Agency; the Foreign Agricultural Service; the Agricultural Marketing Service; the Office of the Chief Economist; the Office of Budget and Program Analysis; the Risk Management Agency; the Natural Resources Conservation Service; and the National Institute of Food and Agriculture.
About this Dataset
Data Info
Date Created | 2016-02-01 |
---|---|
Last Modified | 2022-02-25 |
Version | 2022-02-14 |
Update Frequency |
Annually |
Temporal Coverage |
2020-2031 |
Spatial Coverage |
United States |
Source | John Snow Labs; United States Department of Agriculture (USDA); |
Source License URL | |
Source License Requirements |
N/A |
Source Citation |
N/A |
Keywords | US Agricultural Projections, Projections for Major Commodities, USDA Agricultural Projections, US Macroeconomic Conditions, US Agricultural Supply and Demand Report, Agriculture Information, U.S. Department of Agriculture, USDA |
Other Titles | US Agricultural Trade Projections, US Long Range Weather Forecast for Agriculture |
Data Fields
Name | Description | Type | Constraints |
---|---|---|---|
Item | Agricultural Trade list regarding plantation, harvesting, usage, prices and exports | string | - |
Year_2020 | Forecasted Agricultural Trade consumption for year 2020 | number | level : Ratio |
Year_2021 | Forecasted Agricultural Trade consumption for year 2021 | number | level : Ratio |
Year_2022 | Forecasted Agricultural Trade consumption for year 2022 | number | level : Ratio |
Year_2023 | Forecasted Agricultural Trade consumption for year 2023 | number | level : Ratio |
Year_2024 | Forecasted Agricultural Trade consumption for year 2024 | number | level : Ratio |
Year_2025 | Forecasted Agricultural Trade consumption for year 2025 | number | level : Ratio |
Year_2026 | Forecasted Agricultural Trade consumption for year 2026 | number | level : Ratio |
Year_2027 | Forecasted Agricultural Trade consumption for year 2027 | number | level : Ratio |
Year_2028 | Forecasted Agricultural Trade consumption for year 2028 | number | level : Ratio |
Year_2029 | Forecasted Agricultural Trade consumption for year 2029 | number | level : Ratio |
Year_2030 | Forecasted Agricultural Trade consumption for year 2030 | number | level : Ratio |
Year_2031 | Forecasted Agricultural Trade consumption for year 2031 | number | level : Ratio |
Data Preview
Item | Year 2020 | Year 2021 | Year 2022 | Year 2023 | Year 2024 | Year 2025 | Year 2026 | Year 2027 | Year 2028 | Year 2029 | Year 2030 | Year 2031 |
Agricultural exports (value in billion dollars) | ||||||||||||
Livestock, dairy, and poultry | 31.6 | 37.0 | 38.8 | 41.0 | 41.4 | 41.2 | 41.5 | 41.9 | 42.4 | 43.2 | 44.4 | 45.8 |
Livestock and meats | 20.1 | 23.7 | 24.5 | 26.2 | 26.5 | 26.3 | 26.4 | 26.5 | 26.7 | 27.1 | 27.8 | 28.5 |
Dairy products | 6.5 | 7.3 | 7.7 | 9.0 | 8.9 | 8.8 | 8.9 | 9.0 | 9.2 | 9.4 | 9.8 | 10.3 |
Poultry products | 5.1 | 6.0 | 6.6 | 5.9 | 6.0 | 6.1 | 6.2 | 6.4 | 6.5 | 6.7 | 6.9 | 7.0 |
Grains and feeds | 29.9 | 42.7 | 41.5 | 42.6 | 41.3 | 40.2 | 40.6 | 40.3 | 41.1 | 41.8 | 42.2 | 43.0 |
Coarse grains | 9.3 | 19.5 | 19.4 | 18.3 | 17.6 | 17.3 | 17.3 | 16.9 | 17.3 | 17.8 | 18.2 | 18.6 |
Feeds and fodder | 7.9 | 9.1 | 8.3 | 9.1 | 8.8 | 8.5 | 8.5 | 8.4 | 8.6 | 8.7 | 8.7 | 8.9 |
Oilseeds and products | 27.5 | 37.9 | 43.5 | 34.0 | 33.8 | 33.9 | 34.0 | 34.1 | 34.3 | 34.6 | 35.0 | 35.4 |
Soybeans and products | 23.2 | 33.0 | 39.0 | 29.2 | 29.0 | 29.1 | 29.2 | 29.3 | 29.4 | 29.6 | 30.0 | 30.3 |