economic research service

Governments in high-income countries are spending less on agricultural research. A new report from USDA’s Economic Research Service reviews long-term trends in public agricultural research and development (R&D) investment by high-income countries and examines how these investments have contributed to economic growth.

The World Agricultural Supply and Demand Estimates (WASDE) is a monthly report providing a global look at the markets for key agricultural products. The many users include agricultural commodity traders, agricultural producers, processors, retailers and consumers, input suppliers, livestock and dairy feeders, and researchers interested in global agricultural markets. The market uses the WASDE report as a common understanding of current conditions under which many take actions to position themselves or make future plans based on the current global supply and demand situation.

Did you know that the United States is the world’s second largest agricultural exporter after the European Union? Agricultural trade supports American jobs and spurs non-farm economic activity. In 2016, U.S. agricultural exports required over one million full-time civilian jobs, including 764,000 jobs in the nonfarm sector. Each dollar of U.S. agricultural exports supported an additional $1.28 in farm and non-farm business activity. Moreover, U.S. agricultural trade surplus has historically helped to offset some of the trade deficit in non-agricultural sectors.

Since the 1980s, the number of very large crop farms with at least 2,000 acres of cropland has nearly doubled while midsize farms (100 to 999 acres of cropland) fell by nearly half as U.S. cropland has consolidated on fewer, larger farms.

The mission of USDA’s Economic Research Service (ERS) is to anticipate trends and emerging issues in agriculture, food and rural America and produces objective economic research to inform and enhance public and private decision making. Among its research activities, ERS is conducting research on the impacts of and returns to infrastructure in rural areas, and is cosponsoring a workshop with the Farm Foundation on these issues.

Households can have similar food needs, but often have different budgets with which to meet them. These budget differences may help explain observed differences in food spending and diet quality. A new report from USDA’s Economic Research Service digs into this issue using household level data from USDA’s National Household Food Acquisition and Purchase Survey (FoodAPS) to estimate the number of calories acquired and the amount of money spent to get them.

Since its inception nearly 100 years ago, USDA’s Agricultural Outlook Forum has provided analysis of the farm economy, including the short- and long-term outlook for agricultural commodity markets. Producing credible and reliable information about supply and demand conditions for all the major crop and livestock markets, along with the implications for prices, production and trade, is a year-round process that relies on expertise from dozens of highly-trained analysts spread across several USDA agencies, including USDA’s Economic Research Service (ERS).

Who participates in federal food assistance programs, and how does participation affect their lives? Who doesn’t participate, and why not? Policymakers need high-quality data on such questions to make informed decisions about these programs, which affect millions of lives each year. That is why two USDA agencies are collaborating with the U.S. Census Bureau to produce research that sheds new light on the programs.

For more than a century, American families have used government-regulated food labels, such as “USDA prime beef,” to help them decide what food products to buy. Today, consumers also look to food labels for information about how their food was grown and how healthy it is. 

“Trick-or-treating” or more recently “Trunk-or-Treating” is a Halloween custom for many American families. According to the US Census Bureau 2015 Population Estimates, there are an estimated 41.1 million potential trick-or-treaters – children ages 5 to 14 – across the United States. Of course, children younger than 5 years old and older than 14 (adults included) enjoy celebrating Halloween.