# High Production Costs Could Weigh on the Ag Economy Through 2024, New Survey of Economists Finds - AgWeb

> A new Ag Economists' Monthly Monitor survey of nearly 50 agricultural economists found most expect higher input costs to pressure farm finances through 2024. Economists differ on production, price and yield forecasts across commodities. Stronger cattle prices and recent crop price gains were not seen as offsetting input cost concerns.

- Date: 2023-06-28 · published 2023-06-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/35644-high-production-costs-could-weigh-on-the-ag-economy-through-2024-new-survey-of
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Rising production costs may curb livestock and crop producer expansion, a longer-term factor for feed demand and prices, though the survey itself does not directly move prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-05-31 | [Cut Through the Noise: What Economists Want Producers to Know - Pork Business](https://feedsoft.ai/events/30397-cut-through-the-noise-what-economists-want-producers-to-know-pork-business.md) | -0.8% | -3.2% |
| HOGS | 2025-12-16 | [Higher revenues and falling feed prices boost producer optimism \| The National Provisioner](https://feedsoft.ai/events/21623-higher-revenues-and-falling-feed-prices-boost-producer-optimism-the-national.md) | +1.4% | +0.0% |
| HOGS | 2023-07-10 | [Porkonomics: An Economic Outlook for the Pork Industry - Pork Checkoff](https://feedsoft.ai/events/35181-porkonomics-an-economic-outlook-for-the-pork-industry-pork-checkoff.md) | +2.7% | +3.9% |
| HOGS | 2022-04-26 | [Pork Producer Margins This Year Could Rival 2021, CoBank Says - Pork Business](https://feedsoft.ai/events/41998-pork-producer-margins-this-year-could-rival-2021-cobank-says-pork-business.md) | -4.5% | +0.7% |
| HOGS | 2020-04-03 | [Grim reality of severe global economic recession slams meat industry
						 \| The Pig Site](https://feedsoft.ai/events/6602-grim-reality-of-severe-global-economic-recession-slams-meat-industry-the-pig.md) | -9.7% | +13.2% |

## Sources

- agweb.com: https://www.agweb.com/news/business/taxes-and-finance/high-production-costs-could-weigh-ag-economy-through-2024-new-survey-economists-finds

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.