Feeding the Economy: New Report Shows U.S. Agriculture Generates $10.4 Trillion in Economic Output, 49M Jobs

Corn Refiners Association VP Kristy Goodfellow offered insight into the Feeding the Economy Report’s key findings, showing the breadth of agriculture’s economic impact and the challenges ahead.

WASHINGTON, D.C. (RFD NEWS) — America’s food and agriculture industries support more than 48 million jobs nationwide, according to the 10th annual Feeding the Economy Report. The study highlights the sector’s vast economic footprint, extending well beyond the farm.

Kristy Goodfellow, Vice President of Trade and Industry Affairs for the Corn Refiners Association, joined us on Friday’s Market Day Report to break down the report’s findings and what it means for farmers, rural communities, and the broader economy.

In her interview with RFD NEWS, Goodfellow noted the scale of employment in the agriculture sector, emphasizing that millions rely on farming, processing, and related industries for their livelihoods. She highlighted the role of global markets, noting how recent tariff actions and trade developments affect U.S. agricultural exports and the overall economy.

While the sector continues to expand its economic contributions, the report identifies emerging pressures, including supply chain challenges, labor shortages, and rising input costs. Goodfellow underscored that these factors make continued investment in rural communities more important than ever.

Overall, she said the report reinforces agriculture’s critical role in the U.S. economy and the need to support policies that strengthen rural infrastructure, global competitiveness, and industry resilience.

Related Stories
Acre reporting is crucial to maximize specialty crop aid.
Tidal Grow’s AlignN delivers encapsulated nitrogen to leaves, boosting in-season response, yield gains, and farm profits.
Katie Keener with the National Women in Agriculture Association joins us to celebrate women in agriculture and spotlight programs and initiatives aimed at empowering female producers across the country.
Nationwide’s Elizabeth Duncan and Traci Via with Agriculture Future of America highlight the impact of women in agriculture and how mentorship and partnerships empower future farmers and ranchers.
UNL student fellow Alison Walbrecht shares her perspective on building support for agricultural research, extension, and teaching while gaining hands-on insight into federal policymaking.
HTS Commodities’ Lewis Williamson provides updates on how growers are preparing for spring planting in an unpredictable agricultural landscape.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Texas lawmakers secure funding for sterile fly production as officials work to stop the New World screwworm from spreading into the U.S. cattle herd.
Pennsylvania Secretary of Agriculture Russell Redding discusses the recent surge in bird flu cases, the state’s expanded biosecurity response and efforts to support poultry producers.
Geopolitical risk is rapidly increasing fertilizer price volatility before planting.
China may no longer serve as a consistent anchor market for U.S. cotton exports. Lewis Williamson of HTS Commodities joined us to discuss the factors influencing planting decisions, river conditions, and what producers are considering as they finalize acreage plans for the season.
Falling commodity prices and rising costs continue to squeeze farm margins. Kip Jacobs with The Mosaic Company addresses fertilizer market pressures, nutrient use efficiency, and strategies growers can consider to protect their fertilizer investment this season.
The San Antonio Stock Show and Rodeo concluded last night, marking the end of another successful year showcasing youth exhibitors, livestock producers, and the spirit of agriculture.