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
The country artist’s “Stand By Your Pan” blends vintage-inspired recipes with stories, humor, and Southern hospitality.
RealAg Radio’s Shaun Haney joins us to discuss geopolitical trade tensions, energy market volatility, and what global shifts could mean for U.S. agriculture exports.
New data from the Illinois Farm Bureau show that farm financial conditions are stabilizing, even as debt per acre and borrowing costs continue to climb.
National Pork Producers Council President Rob Brenneman joins us to discuss Prop 12 provisions in the House’s Farm Bill as it heads to the Senate for debate.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
This case could influence how much leverage grain shippers have when a preferred rail outlet is blocked or priced too high.

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:

After requests from several ag groups, the EPA issued an order allowing existing stocks to be used this year.
RanchHER is gearing up for a season on RFD-TV, and host FarmHER TV Kirbe Schnoor is helping spread the news from NCBA Cattle Con!