USDA Announces Dr. Justin Benavidez as Chief Economist

Dr. Seth Meyer Concludes Service; Dr. Justin Benavidez Appointed USDA Chief Economist

usda logo.png

United States Department of Agriculture

(Washington, D.C., January 6, 2026, USDA) – U.S. Secretary of Agriculture Brooke L. Rollins today congratulated Dr. Seth Meyer for his years of service to our country and announced Dr. Justin Benavidez as the U.S. Department of Agriculture’s (USDA) Chief Economist.

“Seth Meyer has been a trusted and steady leader at USDA, providing rigorous, objective economic analysis that has helped guide USDA and America’s farmers and ranchers’ insights into complex commodity markets. I am grateful for his years of service and the lasting contributions he has made to American agriculture,” said Secretary Brooke Rollins. “As we thank Seth for his leadership, I am pleased to welcome Justin Benavidez to USDA as our new Chief Economist. Justin brings strong policy experience, deep roots in production agriculture, and a clear understanding of the economic realities facing farmers and ranchers. I look forward to working with him as we continue to put Farmers First and ensure USDA’s work is guided by sound, data-driven analysis.”

Retirement of Seth Meyer from USDA

Seth Meyer has served as USDA Chief Economist since 2021, providing rigorous economic analysis and objective market insight to support USDA leadership, policymakers, producers, and stakeholders across the agricultural economy. During his tenure, Dr. Meyer oversaw USDA’s economic forecasting and analysis, including leadership of the World Agricultural Outlook Board and the widely followed World Agricultural Supply and Demand Estimates (WASDE) report.

Prior to and during his time at USDA, Dr. Meyer brought decades of experience in agricultural economics, global trade analysis, and policy evaluation. His leadership helped guide USDA through periods of market volatility, global supply chain disruption, and evolving policy priorities

Appointment of Justin Benavidez to USDA

Justin Benavidez has been appointed to serve as USDA Chief Economist. Dr. Benavidez previously served as Chief Economist for the Majority Staff of the U.S. House Committee on Agriculture, where he provided economic analysis on farm bill policy, commodity markets, and agricultural legislation. Before his service on Capitol Hill, Dr. Benavidez worked as an agricultural economist with Texas A&M AgriLife Extension, focusing on farm and ranch management, production economics, and policy analysis. He holds bachelor’s, master’s, and doctoral degrees in agricultural economics from Texas A&M University.

As USDA Chief Economist, Dr. Benavidez will lead the Department’s economic analysis and forecasting efforts, ensuring USDA’s policies and programs continue to be informed by sound, data-driven economic research that supports America’s farmers, ranchers, and rural communities.

About the Office of the Chief Economist

The Office of the Chief Economist provides independent economic analysis to inform USDA decision-making, including market outlooks, policy evaluation, and global agricultural assessments that support U.S. agriculture and food systems.

###

Press release provided by the U.S. Department of Agriculture

Related Stories
Read the full press release published by the U.S. Department of Agriculture.
Shaun Haney, Host of RealAg Radio on Rural Radio SiriusXM Channel 147, joined us with his 2026 cattle market outlook and insights on beef prices.
Farmer Bridge Assistance payments provide immediate balance-sheet support heading into 2026, but remain a short-term bridge rather than a substitute for long-term market recovery.
High ownership does not always translate into high output, underscoring the importance of structural differences in understanding state-level farm performance.
Record yields are cushioning production declines, but softer prices underscore the importance of cost control and market timing for vegetable growers.
Cuba remains a small but dependable, cash-only outlet for U.S. grain and food products.

LATEST STORIES BY THIS AUTHOR:

Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.
RealAg Radio host Sean Haney outlines the Trump Administration’s current trade priorities and what meaningful market expansion looks like for farmers.
Dr. Kelly Bruns from the Nebraska College of Technical Agriculture discusses how the college prepares students for careers in agriculture.
Bankruptcy filings reflect prolonged margin pressure, rising debt, and limited financial flexibility across farm country. Bigger operating loans are helping farms manage costs, but they also signal growing reliance on borrowed capital.
USDA’s February WASDE report, analysts expect minimal price movement as grain stocks remain steady. Traders weigh renewed Chinese soybean purchases, South American weather, acreage shifts, and upcoming USMCA trade talks.
Nationwide highlights expanded insurance options for cattle operations and their company initiatives to promote grain bin safety and support women in agriculture.