Publications By Ben Campbell
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2023 Georgia Ag Forecast Series: 2023 Georgia Ag Forecast (AP 130-1) The entire publication is viewable using the "View PDF" button above. Each year, UGA's agricultural economists develop a comprehensive overview to help various sectors of the agriculture industry navi…
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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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2024 Georgia Ag Forecast Series: 2024 Beef Cattle Outlook (AP 130-2-08) 1. The beef cattle outlook is positive in 2024. Tight supplies and stable consumer demand are expected to push cattle prices higher in the year ahead. 2. Risks come from the demand side if U.S. consum…
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2024 Georgia Ag Forecast Series: 2024 Corn, Soybean, and Wheat Outlook (AP 130-2-06) 1. Tighter margins are expected in 2024 for corn, soybeans, and wheat as commodity prices are forecast to be lower and input prices are expected to be flat. 2. Growing demand for sustainable biodiesel…
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2024 Georgia Ag Forecast Series: 2024 Cotton Outlook (AP 130-2-04) 1. U.S. cotton acreage and production are likely to decline in 2024 because of lower relative price expectations with competing crops. 2. The cotton production profit margin is likely to be lower in …
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2024 Georgia Ag Forecast Series: 2024 Dairy Outlook (AP 130-2-09) 1. The outlook for 2024 is an improvement over 2023 as feed costs should decline and milk prices remain at similar levels in 2024. 2. Risks remain as improved margins may spur a strong production resp…
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2024 Georgia Ag Forecast Series: 2024 Fruits and Tree Nuts Outlook (AP 130-2-10) 1. High prices for peach producers helped a strong producer price index in the 2022–2023 crop season. The PPI is expected to stay strong in 2024. 2. Favorable prices came from production shortages, ca…
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2024 Georgia Ag Forecast Series: 2024 Georgia Ag Forecast (AP 130-2) 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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2024 Georgia Ag Forecast Series: 2024 Georgia Agriculture Outlook (AP 130-2-02) 1. Food and commodity prices are expected to return to prepandemic levels. 2. Coupled with increasing costs, the nation’s farm income is expected to decline by 17% between 2022 and 2023. 3. Georgia’s…
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2024 Georgia Ag Forecast Series: 2024 Inputs and Production Expenditures Forecast (AP 130-2-03) 1. Farm input expenses continued to increase in 2023; when adjusted for inflation, they remained below 2014’s record highs. 2. Notable changes in 2023 included reductions in farm interest and fertiliz…
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2024 Georgia Ag Forecast Series: 2024 Overall U.S. and Georgia Economic Outlook (AP 130-2-01) 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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2024 Georgia Ag Forecast Series: 2024 Poultry Outlook (AP 130-2-07) 1. The broiler chicken outlook in 2024 is neutral to positive; consumer demand should remain steady and feed costs should decrease. 2. Risks to the chicken outlook include significant HPAI outbreaks a…
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2024 Georgia Ag Forecast Series: 2024 Vegetables and Pulses Outlook (AP 130-2-11) 1. Total harvested area of vegetables and pulses decreased by 3.2% from 2021 to 2022, and fresh and processed vegetable area harvested decreased by 5.1%; the situation is expected to deteriorate in 20…
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2024 Georgia Ag Forecast Series: Agritourism, Hospitality, and Travel 2024 (AP 130-2-14) 1. Total number of trips among U.S. travel will grow 4.3% in 2024. 2. In 2023, pick-your-own farms and wineries/distilleries/breweries comprised almost 20% of the state’s agritourism attractions. 3. 2…
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2024 Georgia Ag Forecast Series: Georgia’s Alcoholic Beverage Industry 2024 Outlook (AP 130-2-15) 1. All three alcoholic beverage sectors in Georgia experienced significant growth over the last 20 years and are poised to keep growing. 2. Breweries had the highest total demand in 2022 ($1.1 billion…
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2024 Georgia Ag Forecast Series: Green Industry 2024 (AP 130-2-12) 1. 2023 was a good year for many green industry firms, but not as good as 2020–2022. 2. The unknowns going into 2024 include higher inflation and interest rates, mixed signals within the economy, inc…
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2024 Georgia Ag Forecast Series: Peanut 2024 Outlook (AP 130-2-05) 1. Peanut yields were down in 2023, but demand continues to remain strong and stocks remain steady. Prices are expected to hold strong. 2. The increased cost of production in recent years has remained…
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2024 Georgia Ag Forecast Series: Timber Situation and 2024 Outlook (AP 130-2-13) 1. Demand for softwood lumber and structural panels is expected to improve as interest rates drop and single-family housing starts resume their long-term trajectory. 2. Increased softwood lumber mill…
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Economic Impact of the Georgia Green Industry, 2013 (C 1138) The state of Georgia ranked ninth out of all states in 2013 for green industry (not including sod production, as this was not included in the analysis) economic contributions (including multiplier eff…
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Impacts of the Great Recession and Drought on the Environmental Horticulture Industry (C 1119) The environmental horticulture industry, unlike many industries, is intricately connected to the national, regional, and local economy as plant and turfgrass sales ebb and flow with economic condition…