A 2022 outlook for Missouri agriculture

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A 2022 outlook for Missouri agriculture

As Missouri’s ag industry continues its recovery from the coronavirus pandemic an ag economist says it creates an interesting scenario for 2022.

University of Missouri’s Scott Brown says the industry is coming through the next stage of the pandemic.  “Supply chains remain tight in many cases that have drive prices higher,” he says.  “We’re going to have to watch that as we go into 2022.  And we’re having to watch what happens on the consumer side of the equation.”

He tells Brownfield risk management will be even more important in the coming year.  “We’ve just had continued volatility on both input prices as well as output prices,” he says. “Not getting caught where you’re spending more on input prices but haven’t helped on the risk side of what you’re going to get paid for that crop or that livestock once it’s grown.”

Brown says by working with local experts, producers can arm themselves with the right information to better manage their risk.

The College of Agriculture, Food, and Natural Resources at the University of Missouri is hosting its 2022 Outlook on December 8, 2021, sponsored by MU Extension, Brownfield Ag News, and Missouri Pork.

More details and a link to registration information can be found HERE.

AUDIO: University of Missouri’s Scott Brown

FEATURED AGENDA

8:30 am – Registration
9:00 am – Livestock and dairy issues panel – MU Economists
11:00am–Crop issues panel – MU Economists
Noon – Keynote Address by Dr. Seth Meyer, USDA Chief Economist
1:30 pm – Ag issues panel with MO Industry stakeholders
3:00 pm – Ag policy issues panel with campus and legislative experts

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