US Macroeconomic Assumptions

$179 / year

This dataset shows the long-run projections for the US agricultural sector to 2029 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 2029, October 2019.

Complexity

United States Department of Agriculture (USDA) long-term agricultural projections presented in this report are a departmental consensus on a longrun scenario for the agricultural sector. These projections provide a starting point for discussion of alternative outcomes for the sector.
The projections in this report were prepared during October through December 2015, with the Agricultural Act of 2014 assumed to remain in effect through the projection period. The scenario presented in this report is not a USDA forecast about the future. Instead, it is a conditional, longrun 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 the US 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 2015 World Agricultural Supply and Demand Estimates report. The macroeconomic assumptions were completed in October 2015.

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.

Date Created

2016-02-01

Last Modified

2019-10-01

Version

2019-10-01

Update Frequency

Annual

Temporal Coverage

2018-2029

Spatial Coverage

United States

Source

John Snow Labs; United States Department of Agriculture (USDA);

Source License URL

Source License Requirements

N/A

Source Citation

United States Department of Agriculture (USDA), Release 2016.

Keywords

US Agricultural Projections, Projections for Major Commodities, USDA Agricultural Projections, US Macroeconomic Conditions, US Agricultural Supply and Demand Report

Other Titles

Agricultural Commodity Prices 2016, US Long Range Weather Forecast 2016

NameDescriptionTypeConstraints
ComponentComponent of a liststring-
ItemList of agricultural sectorstring-
Year_2018Project amount in year 2018numberlevel : Ratio
Year_2019Project amount in year 2019numberlevel : Ratio
Year_2020Project amount in year 2020numberlevel : Ratio
Year_2021Project amount in year 2021numberlevel : Ratio
Year_2022Project amount in year 2022numberlevel : Ratio
Year_2023Project amount in year 2023numberlevel : Ratio
Year_2024Project amount in year 2024numberlevel : Ratio
Year_2025Project amount in year 2025numberlevel : Ratio
Year_2026Project amount in year 2026numberlevel : Ratio
Year_2027Project amount in year 2027numberlevel : Ratio
Year_2028Project amount in year 2028numberlevel : Ratio
Year_2029Project amount in year 2029numberlevel : Ratio
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<a class="lb-txt-none lb-txt" href="/s3/getting-started/?nc=sn&amp;loc=6&amp;dn=1"> Getting started</a>
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<h1 id="Amazon_S3" class="lb-txt-bold lb-txt-white lb-none-v-margin lb-h1-large lb-title"> Amazon S3</h1>
<h3 id="Object_storage_built_to_store_and_retrieve_any_amount_of_data_from_anywhere" class="lb-txt-light lb-txt-white lb-small-v-margin lb-h3 lb-title" style="margin-top:0px; margin-bottom:30px;"> Object storage built to store and retrieve any amount of data from anywhere</h3>
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<a class="lb-btn-a-primary" href="https://s3.console.aws.amazon.com/s3/home" role="button"> <span> Get started with Amazon S3</span> </a>
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<p>Amazon Simple Storage Service (Amazon S3) is an object storage service that offers industry-leading scalability data availability security and performance. This means customers of all sizes and industries can use it to store and protect any amount of data for a range of use cases such as websites mobile applications backup and restore archive enterprise applications IoT devices and big data analytics. Amazon S3 provides easy-to-use management features so you can organize your data and configure finely-tuned access controls to meet your specific business organizational and compliance requirements. Amazon S3 is designed for 99.999999999% (11 9's) of durability and stores data for millions of applications for companies all around the world.<br /> </p>
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<p>Scale your storage resources up and down to meet fluctuating demands without upfront investments or resource procurement cycles. Amazon S3 is designed for 99.999999999% (11 9’s) of data durability because it automatically creates and stores copies of all S3 objects across multiple systems. This means your data is available when needed and protected against failures errors and threats.<br /> <a href="/s3/faqs/#Durability_.26_Data_Protection" target="_blank">Learn about S3 data durability &raquo;</a></p>
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<h3 id="Wide_range_of_cost-effective_storage_classes" class="lb-txt-bold lb-txt-none lb-txt-18 lb-h3 lb-title" style="color:#232f3e;"> Wide range of cost-effective storage classes</h3>
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<p>Save costs without sacrificing performance by storing data across the <b>S3 Storage Classes</b> which support different data access levels at corresponding rates. You can use <b>S3 Storage Class Analysis</b> to discover data that should move to a lower-cost storage class based on access patterns and configure an <b>S3 Lifecycle</b> policy to execute the transfer. You can also store data with changing or unknown access patterns in <b>S3 Intelligent-Tiering</b> which tiers objects based on changing access patterns and automatically delivers cost savings.<br /> <a href="/s3/storage-classes/">Learn more about the S3 Storage Classes &raquo;</a></p>
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<p>Store your data in Amazon S3 and secure it from unauthorized access with encryption features and access management tools. S3 is the only object storage service that allows you to block public access to all of your objects at the bucket or the account level with <b><a href="/s3/features/block-public-access/" target="_blank">S3 Block Public Access</a></b>. S3 maintains compliance programs such as PCI-DSS HIPAA/HITECH FedRAMP EU Data Protection Directive and FISMA to help you meet regulatory requirements. S3 integrates with <a href="/macie/" target="_blank">Amazon Macie</a> to discover and protect your sensitive data. AWS also supports numerous auditing capabilities to monitor access requests to your S3 resources.<br /> Learn more about <a href="/s3/features/#Access_management_and_security">S3 security</a> and <a href="/compliance/">compliance &raquo;</a></p>
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<h3 id="Easily_manage_data_and_access_controls" class="lb-txt-bold lb-txt-none lb-txt-18 lb-h3 lb-title" style="color:#232f3e;"> Easily manage data and access controls</h3>
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<p>S3 gives you robust capabilities to manage access cost replication and data protection. S3 Access Points make it easy to manage data access with specific permissions for your applications using a shared data set. S3 Replication features manage data replication within the region or to other regions. S3 Batch Operations helps manage large scale changes across billions of objects. S3 integration with Amazon Macie automatically provides an inventory of buckets and continually evaluates your S3 buckets to alert you to any unencrypted buckets publicly accessible buckets or buckets shared with AWS accounts. Since S3 works with AWS Lambda you can log activities define alerts and automate workflows without managing additional infrastructure.</p>
<p><a href="/s3/features/#Storage_management_and_monitoring">Learn more about S3 storage management features &raquo;</a></p>
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<p>Run big data analytics across your S3 objects (and other data sets in AWS) with our query-in-place services. Use <b>Amazon Athena</b> to query S3 data with standard SQL expressions and <b>Amazon Redshift Spectrum</b> to analyze data that is stored across your AWS data warehouses and S3 resources. You can also use <b>S3 Select </b>to retrieve subsets of object data instead of the entire object and improve query performance by up to 400%.<br /> <a href="/s3/features/#Query_in_place">Learn more about query in place &raquo;</a></p>
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<p>Store and protect your data in Amazon S3 by working with a partner from the <b>AWS Partner Network (APN)</b> — the largest community of technology and consulting cloud services providers. The APN recognizes migration partners that transfer data to Amazon S3 and storage partners that offer S3-integrated solutions for primary storage backup and restore archive and disaster recovery. You can also purchase an AWS-integrated solution directly from the <b>AWS Marketplace</b> which lists over 250 storage-specific offerings.<a href="/backup-recovery/partner-solutions/"><br /> Learn about the APN</a> and<a href="https://aws.amazon.com/marketplace"> AWS Marketplace &raquo;</a></p>
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<p><b><a name="preview"></a>&nbsp;</b>Amazon S3 Access Points simplifies managing data access at scale for applications using shared data sets on S3. With S3 Access Points you can now easily create hundreds of access points per bucket representing a new way of provisioning access to shared data sets. Access Points provide a customized path into a bucket with a unique hostname and access policy that enforces the specific permissions and network controls for any request made through the access point.</p>
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<p>Build scalable durable and secure backup and restore solutions with Amazon S3 and other AWS services such as <b>S3 Glacier</b> <b>Amazon EFS</b> and <b>Amazon EBS</b> to augment or replace existing on-premises capabilities. AWS and APN partners can help you meet Recovery Time Objectives (RTO) Recovery Point Objectives (RPO) and compliance requirements. With AWS you can back up data already in the AWS Cloud or use<b> AWS Storage Gateway</b> a hybrid storage service to send backups of on-premises data to AWS.<br /> <a href="/backup-restore/">Learn more about backup and restore &raquo;</a></p>
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<p>Protect critical data applications and IT systems that are running in the AWS Cloud or in your on-premises environment without incurring the expense of a second physical site. With Amazon S3 storage <b>S3 Cross-Region Replication</b> and other AWS compute networking and database services you can create DR architectures in order to quickly and easily recover from outages caused by natural disasters system failures and human errors.<a href="/disaster-recovery/"><br /> Learn more about DR &raquo;</a></p>
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<p>Retire physical infrastructure and archive data with <b>S3 Glacier</b> and <b>S3 Glacier Deep Archive</b>. These S3 Storage Classes retain objects long-term at the lowest rates. Simply create an S3 Lifecycle policy to archive objects throughout their lifecycles or upload objects directly to the archival storage classes. With <b>S3 Object Lock</b> you can apply retention dates to objects to protect them from deletions and meet compliance requirements. Unlike tape libraries S3 Glacier lets you restore archived objects in as little as one minute for expedited retrievals and 3-5 hours for standard retrievals. Bulk data restores from S3 Glacier and all restores from S3 Glacier Deep Archive are completed within 12 hours.<a href="/glacier/"><br /> Learn more about archiving &raquo;</a></p>
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<p>Accelerate innovation by building a <a href="/products/storage/data-lake-storage/" target="_blank">data lake on Amazon S3</a> and extract valuable insights using query-in-place analytics and machine learning tools. As your data lake grows use S3 Access Points to easily configure access to your data with specific permissions for each application or sets of applications. You can also use <b>AWS Lake Formation </b>to quickly create a data lake and centrally define and enforce security governance and auditing policies. The service collects data across your databases and S3 resources moves it into a new data lake in Amazon S3 and cleans and classifies it using machine learning algorithms. All AWS resources can be scaled up to accommodate your expanding data stores&nbsp;— without upfront investments.<br /> Learn more about building a <a href="/products/storage/data-lake-storage/" target="_blank">data lake on Amazon S3</a>&nbsp;and <a href="/lake-formation/">AWS Lake Formation &raquo;</a></p>
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<p><b>AWS Storage Gateway</b>&nbsp;lets you seamlessly connect and extend your on-premises applications to AWS Storage all while caching data locally for low-latency access. You can also automate data transfers between on-premises storage and Amazon S3 by using <b>AWS DataSync</b> which can transfer data at speeds up to 10 times faster than open-source tools. You can also transfer files directly into and out of Amazon S3 with<b>&nbsp;</b>the<b> AWS Transfer Family&nbsp;</b>— a fully managed simple and seamless service that enables secure file exchanges with third parties using SFTP FTPS and FTP.&nbsp;Another way to enable a hybrid cloud storage environment is to work with a gateway provider from the APN.<br /> Learn more about <a href="/storagegateway/" target="_blank">AWS Storage Gateway &raquo;</a> <a href="/datasync/" target="_blank">AWS DataSync</a>&nbsp;&raquo;&nbsp;&nbsp;<a href="/aws-transfer-family/" target="_blank">AWS Transfer Family &raquo;</a>&nbsp;<br /> </p>
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<p>Build fast cost-effective mobile and Internet-based applications by using AWS services and Amazon S3 to store production data. With Amazon S3 you can upload any amount of data and access it anywhere in order to deploy applications faster and reach more end users. Storing data in Amazon S3 also means you have access to the latest AWS developer tools and services for machine learning and analytics to innovate and optimize your cloud-native applications.<br /> <a href="/products/developer-tools/">Learn more about cloud-native applications &raquo;</a></p>
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Georgia-Pacific builds a central data lake based on Amazon S3 allowing it to efficiently ingest and analyze structured and unstructured data at scale.
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Nasdaq stores up to seven years of data in Amazon S3 Glacier to meet industry regulation and compliance requirements. With AWS the company is enabled to restore data while optimizing its long-term storage costs.
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Sysco consolidates its data into a single data lake built on Amazon S3 and Amazon S3 Glacier to run analytics on its data and gain business insights.
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Nielsen built a new cloud-native local television rating platform capable of storing 30 petabytes of data in Amazon S3 and leveraging Amazon Redshift AWS Lambda and Amazon EMR.
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<p><b>AWS STORAGE BLOG</b></p>
<p><i>Querying data without servers or databases using Amazon S3 Select</i></p>
<p><a href="https://aws.amazon.com/blogs/storage/querying-data-without-servers-or-databases-using-amazon-s3-select/" target="_blank"><u>Learn more &raquo;</u></a><br /> </p>
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<p><b>AWS NEWS BLOG</b></p>
<p><i>Easily Manage Shared Data Sets with Amazon S3 Access Points</i></p>
<p><a href="https://aws.amazon.com/blogs/aws/easily-manage-shared-data-sets-with-amazon-s3-access-points/" target="_blank"><u>Learn more &raquo;</u></a></p>
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<p><b>AWS NEWS BLOG</b></p>
<p><i>S3 Replication Update: Same-Region Replication Replication SLA Metrics and Events<br /> </i></p>
<p><a href="https://aws.amazon.com/blogs/aws/s3-replication-update-replication-sla-metrics-and-events/" target="_blank"><u>Learn more &raquo;</u></a><br /> </p>
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