USDA chief economist: Economic headwinds to ease slightly in 2026
USDA chief economist: Economic headwinds to ease slightly in 2026
The Agriculture Department is anticipating a slightly easier 2026 for U.S. ag producers, with prices for major commodities nudging higher and input and labor costs moderating, according to USDA Chief Economist Justin Benavidez.
Benavidez, who joined the department in January, presented his first annual forecast at USDA’s Agricultural Outlook Forum in Arlington, Virginia, on Thursday, offering an improved economic picture in 2025.
“For the first time in several years, the cost of production is be
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