USDA to Release 10-Year Projections Next Week

The U.S. Department of Agriculture will release new 10-year ag projections on Monday at 11 a.m. Eastern. USDA's Agricultural Projections 2022 will be posted at www dot USDA dot gov slash OCE (www.usda.gov/oce) and available in MS Word and PDF formats that day. These projections are published each year in February and have been developed by interagency committees within USDA - led by the Economic Research Service. They cover crop and livestock commodities, agricultural trade and aggregate indicators through 2022. They are not a forecast - but a conditional, long-run scenario based on specific assumptions about farm policy - with normal weather assumed through the projected period.

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