The ag industry is a powerful economic driver and has seen strength in recent years.
New research shows the industry adds nearly $10 trillion to the economy annually, and while it is a stunning number, it is not as high as it once was.
New data was released this week from Feeding the Economy, a group of more than 30 ag groups, like the Farm Bureau and NASDA. This year’s report shows U.S. agriculture will add $9.5 trillion to the economy this year, along with 1,000,000 jobs. Last year the industry brought in $9.6 trillion.
Despite the decline, they found that agriculture has seen big growth since the pandemic, but they do remain cautious about continued pressure.
A big area of the report featured ag manufacturing. It shows jobs in that sector have fallen year over year, with around 30,000 jobs gone since 2020. The Association of Equipment Manufacturers joined us this week on Market Day Report, and they say they have seen sales numbers decline in recent months, and are urging lawmakers to take action, starting with a Farm Bill.
Farm Credit’s Christy Seyfert joined us to discuss the ag industry’s push for swift Farm Bill action as it heads toward a House vote.
April 24, 2026 03:28 PM
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Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.
April 24, 2026 03:21 PM
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Feed demand and premiums drive growth for the crop
April 24, 2026 02:57 PM
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Purdue economist Dr. Joana Colussi discussed the U.S. and Brazil’s reliance on imported fertilizers and their impact on global food security amid rising input costs.
April 24, 2026 01:28 PM
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RFA President and CEO Geoff Cooper joined us to discuss the proposed E15 amendment in the Farm Bill, industry reaction to the legislation, and the outlook for year-round E15 sales.
April 24, 2026 01:05 PM
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Dry conditions have severely impacted key winter wheat states with persistent moisture deficits. As quality declines, analysts warn some crops may be lost despite upcoming rain.
April 24, 2026 11:18 AM
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