USDA Issues "Agricultural Projections to 2028" Outlook Report

USDA's 10-year projections for the food and agriculture sector cover major agricultural commodities, agricultural trade, and aggregate indicators of the U.S. farm sector, such as farm income.

The projections are based on specific assumptions about macroeconomic conditions, policy, weather, and international developments, with no domestic or external shocks to global agricultural markets. The Agricultural Act of 2014 is assumed to remain in effect through the projection period. The projections are one representative scenario for the agricultural sector for the next decade and reflect a composite of model results and judgment-based analyses. The projections in this report were prepared July 2018 through February 2019.

To view the complete report, click here.