This article has been reprinted from the Feb. 20 USDA Grain Transportation Report.
Last week, USDA released a report, USDA Agricultural Projections to 2029, with accompanying data tables.
The report includes projections for farm income, U.S. crop and livestock supply and use, and global agricultural trade.
USDA’s long-term agricultural projections reflect departmentwide consensus on a longrun baseline scenario (2020-29) for the agricultural sector.
The projections can help agricultural shippers and carriers anticipate patterns in future transportation demand for agricultural products.