2023 edition: Each year, UGA's agricultural economists develop a comprehensive overview to help various sectors of the agriculture industry navigate the year ahead. As Georgia's land-grant university, the University of Georgia conducts cutting-edge research on critical and emerging issues that are important to the agriculture industry. From this research, UGA provides the best information and education available to producers and constituents to equip them with knowledge and decision-making tools for their businesses.
13 publications were found in this series
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2023 Georgia Ag Forecast Series: Overall Georgia and U.S. Economic Outlook (AP 130-1-01) Each year, UGA's agricultural economists develop a comprehensive overview to help various sectors of the agriculture industry navigate the year ahead. As Georgia's land-grant university, the Universit…
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2023 Georgia Ag Forecast Series: Peanut Situation and 2023 Outlook (AP 130-1-02) 1. Planted acres are expected to increase in 2023 in the United States and Georgia, a reversal of the 2-year decline in planted acres. 2. Georgia forward contract prices are expected to be down with a…
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2023 Georgia Ag Forecast Series: 2023 Cotton Outlook (AP 130-1-03) 1. Reduction in consumer demand for cotton related products will suppress cotton prices in 2023. 2. U.S. cotton acreage and production likely will decline in 2023 because of lower relative-price expe…
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2023 Georgia Ag Forecast Series: 2023 Fruits and Tree Nuts Outlook (AP 130-1-04) 1. The three major U.S. peach-producing states experienced a significant fall in production which cumulatively reduced our 2022 production by 15%. Since it is difficult to predict whether the weath…
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2023 Georgia Ag Forecast Series: 2023 Vegetables and Pulses Outlook (AP 130-1-05) 1. Although the total U.S. fresh vegetable and harvested area decreased by 7% in 2021 compared to 2020, the harvested area is expected to improve in 2023—but not enough to offset 2021. 2.…
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2023 Georgia Ag Forecast Series: 2023 Corn, Soybean, and Wheat Outlook (AP 130-1-06) 1. The Russia-Ukraine war and Mexico’s plan to ban genetically modified corn from the United States will increase uncertainty regarding corn prices. 2. The United States and the world will continue to…
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2023 Georgia Ag Forecast Series: 2023 Beef Cattle Outlook (AP 130-1-07) 1. Severe drought elevated cow slaughter in 2022. With fewer cows to slaughter in 2023, cattle prices are expected to increase. 2. China could become the largest export destination for U.S. beef in 20…
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2023 Georgia Ag Forecast Series: 2023 Pork Outlook (AP 130-1-08) 1. 2022 U.S. pork prices continue to increase because of the limited number of slaughter-ready pigs. 2. Good outlook for 2023 as feed prices likely decrease and export demand increases.
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2023 Georgia Ag Forecast Series: 2022–2023 Commercial Poultry Outlook (AP 130-1-09) 1. The domestic chicken market is strong with a good supply in the short- to midterm, though highly pathogenic avian influenza (HPAI) continues to loom large in the United States and could be a maj…
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2023 Georgia Ag Forecast Series: Honey Bees 2023 (AP 130-1-10) 1. Honey production overall for 2022 was below average for the state. However, in some regions yields of two types of honey, northern wildflower and sourwood, were above average. 2. Colony losses for …
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2023 Georgia Ag Forecast Series: Timber Situation and 2023 Outlook (AP 130-1-11) 1. Inflation remains a persistent challenge. 2. Housing activity is beginning to moderate. 3. U.S. South softwood lumber market share is increasing along with production capacity. Plentiful timber sup…
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2023 Georgia Ag Forecast Series: Green Industry 2023 (AP 130-1-12) 1. 2022 was a good year for many green industry firms, with many firms seeing increased profits. 2. There are many unknowns going into 2023 that will impact green industry sales, including higher infl…
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2023 Georgia Ag Forecast Series: Georgia Agritourism, Tourism and Travel 2023 (AP 130-1-13) 1. Visitor spending continues to increase in Georgia’s rural communities. 2. Total economic output for accommodations and food services in Georgia’s rural counties increased 26.7% in 2021 compared to …