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USDA to release tables on agricultural projections through 2024

USDA to release tables on agricultural projections through 2024 Beginning Dec. 18 at 11 a.m., USDA will release selected commodity tables from its upcoming Agricultural Projections to 2024 report.

According to USDA, the tables will be posted online and contain long-term supply, use, and price projections to 2024 for major crops and livestock products, and will include supporting US and international macroeconomic assumptions.

The complete Agricultural Projections to 2024 report will be release as scheduled on Feb. 11, 2015.

The early-release tables will be posted to the Office of the Chief Economist's (OCE) website at www.usda.gov/oce.

USDA says the projections represent a departmental consensus on a long-term representative scenario for the agricultural sector for the next decade. 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.

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Jeremy Gerrard was Food Engineering's Digital/Online Editor. He is a graduate of Auburn University with a degree in journalism. His previous work experience includes years spent as a reporter with the Daily Local News out of Chester County, PA. In addition to writing feature articles for Food Engineering, Jeremy covered the Dry Processing, Field Reports and People and Industry news sections.