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News Filed Under Agricultural Economics

A man looks out the back window of a tractor in the field.
April 29, 2022 - Filed Under: Agricultural Economics, Crops, Corn

Corn producers who risked current high input costs in hopes of reaping high market prices at harvest are now waiting for a series of warm, sunny days to complete planting. Will Maples, an agricultural economist with the Mississippi State University Extension Service, said high input costs and high market prices have presented challenges to growers trying to decide what crops to plant.

Graphic of planting intentions
April 1, 2022 - Filed Under: Agriculture, Agricultural Economics, Crops, Corn, Cotton, Peanuts, Rice, Soybeans, Wheat

STARKVILLE, Miss. -- More than half of the 4.29 million total acres of row crops expected to be planted this year in Mississippi are soybean fields, but the growth in cotton acreage may be the most significant increase over 2021.

The National Agricultural Statistics Service, a branch of the U.S. Department of Agriculture, released its annual prospective plantings report March 31. Surveys are conducted with farm operators nationwide during the first two weeks of March to collect data on planting intentions for the upcoming season.

Frozen food at shelves in cold warehouse
March 24, 2022 - Filed Under: Agriculture, Agricultural Economics, Beef, Local Food System Economies

STARKVILLE, Miss. -- Two years have passed since the first cases of COVID-19 were confirmed in the U.S., but problems the virus caused in the country’s grocery supply chain could remain well into 2022, which will likely mean higher beef prices for consumers.

Josh Maples, an agricultural economist with the Mississippi State University Extension Service, said labor reductions caused beef shortages, which have increased the price of this commodity across the country.

A tractor with a spray rig crosses a wheat field.
January 11, 2022 - Filed Under: Agricultural Economics, Farming

High fertilizer prices continue to be a hot topic any time farm professionals gather, but now is not the first time costs have doubled or even tripled for some crop staples. Larry Oldham, soil specialist with the Mississippi State University Extension Service, said producers must plan around dramatically rising costs.

Panels display timber, chickens and soybeans.
December 21, 2021 - Filed Under: Agriculture, Agricultural Economics

High commodity prices in 2021 pushed Mississippi agriculture to a sharp increase in total value -- a record estimated $8.33 billion -- despite a huge decline in government assistance aimed at coronavirus relief. Agriculture’s estimated value is up 19% from 2020.

A chart lists the value of the top 11 agricultural commodities in Mississippi.
December 21, 2021 - Filed Under: Agriculture, Agricultural Economics

Excellent commodity prices propelled Mississippi agriculture to its highest level: an estimated $8.33 billion value in 2021. This figure is a 19% increase over 2020. Poultry, soybeans and forestry continue to rank first, second and third, respectively, in the state’s agricultural economy.

Soybeans in a field.
December 21, 2021 - Filed Under: Agriculture, Agricultural Economics, Soybeans

STARKVILLE, Miss. -- An improved price environment for soybeans pushed the crop’s value of production to near record highs in Mississippi in 2021.

Soybean production grew about 25% from $1.2 billion in 2020 to $1.49 billion this year. It is Mississippi’s second largest agricultural commodity for the second straight year and by far the state’s most valuable row crop.

Will Maples, a row crops economist with the Mississippi State University Extension Service, estimated soybean prices to be up around 20% from 2020.

Fuzzy, green pods grow on a soybean plant.
August 2, 2021 - Filed Under: Agricultural Economics, Soybeans

Most soybeans in Mississippi are having a good year to date, with 82% of the crop appearing in good or excellent shape past the midway point in the season.

Prices also look good, with averages above those of recent years.

Four panels display a chicken, a cotton boll, a timber stand and a dried soybean plant.
December 17, 2020 - Filed Under: Agriculture, Agricultural Economics, Coronavirus

Mississippi farmers generated an estimated agricultural value of $7.35 billion in 2020, a 5% increase from 2019 that saw soybeans top forestry for the No. 2 spot behind poultry.

Four panels display a chicken, a cotton boll, a timber stand and a dried soybean plant.
December 17, 2020 - Filed Under: Agriculture, Agricultural Economics

Mississippi farmers generated an estimated agricultural value of $7.35 billion in 2020, a 5% increase from 2019 saw soybeans top forestry for the No. 2 spot behind poultry.

September 21, 2020 - Filed Under: Agriculture, Agricultural Economics, Catfish, Beef, Dairy, Poultry, Specialty Crop Production, Coronavirus

The U.S. Department of Agriculture will accept applications for assistance from agricultural producers who continue to face market disruptions and associated costs because of COVID-19.Sign-up for the Coronavirus Food Assistance Program 2 -- CFAP 2 -- begins Sept. 21 and runs through Dec. 11, 2020. The program is open to producers of row crops, livestock, aquaculture, dairy and specialty crop commodities.

Rows of canning jars line a table at an open-air marketplace.
September 11, 2020 - Filed Under: Agricultural Economics, Agri-business, Local Food System Economies, Food and Health, Food

Cottage food laws enacted to allow new entrepreneurs to start small-scale food businesses in their homes were updated recently to stay current with the business climate.

A red cotton picker sits in front of a cotton field.
September 4, 2020 - Filed Under: Agriculture, Agricultural Economics, Cotton

Mississippi has a good-looking cotton crop in most places, but acreage is down to 520,000 acres because of a rainy planting season and unfavorable market conditions.

Rows of peanut plants.
July 6, 2020 - Filed Under: Agriculture, Agricultural Economics, Corn, Cotton, Peanuts, Rice, Soybeans, Wheat, Forages

Cotton and corn acreage in Mississippi are more than 30% below March projections, while growers of soybeans and peanuts planted much more than initially forecasted.

June 25, 2020 - Filed Under: Agriculture, Agricultural Economics

Three Mississippi State University agricultural economists contributed to a national academic report on the effects of COVID-19 on food and agricultural markets.

A basket of catfish hovers above a pond and against a sunset background.
May 28, 2020 - Filed Under: Agricultural Economics, Catfish, Catfish Marketing, Agri-business, Coronavirus

Catfish producers impacted by the COVID-19 pandemic have the opportunity to provide the U.S. Department of Agriculture information on why they should be eligible for economic assistance through the Coronavirus Food Assistance Program.

A pivot irrigation system stands in algae-covered water in a flooded field with farm buildings in the distance.
May 21, 2020 - Filed Under: Agriculture, Agricultural Economics, Disaster Response, Economic Development

A sharper focus on the economic impact of the lower Delta backwater flood of 2019 helps predict the implications of continued flooding this year.

April 29, 2020 - Filed Under: Agricultural Economics, Crops, Agri-business

Agricultural economists with the Mississippi State University Extension Service will address row-crop markets and budgets for 2020 during a May 12 webinar.

April 16, 2020 - Filed Under: Agriculture, Agricultural Economics, Local Food System Economies, Food Safety, Coronavirus

An April 24 webinar with experts from the Mississippi State University Extension Service will address pressing questions about the effects of the novel coronavirus pandemic on food production in the U.S.

April 6, 2020 - Filed Under: Agriculture, Agricultural Economics, Crops, Coronavirus

STARKVILLE, Miss. – Agricultural economists with the Mississippi State University Extension Service will present an online webinar on the economic outlook of row crops in 2020.

Growers seeking insight on the effect of COVID-19 on commodity markets can remotely attend the workshop through the Zoom video conferencing application. 

Faculty with the MSU Department of Agricultural Economics will provide insight on farm management and policy considerations to help producers make informed planting decisions during this time.

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