Agricultural Economist

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Related roles: Farm Economist, Agribusiness Economist, Agricultural Policy Analyst, Agricultural Data Analyst, Farm Management Economist, Agribusiness Economist

Focos de atención

Títulos similares

Farm Economist, Agribusiness Economist, Agricultural Policy Analyst, Agricultural Data Analyst, Farm Management Economist, Agribusiness Economist

Descripción del trabajo

Behind every choice about what farmers grow, how farms are run, or the rules that help farmers, there’s someone who turns tricky information into smart ideas. That someone is an Agricultural Economist. Instead of working in the fields, they study things like land, workers, seeds, and fertilizers to understand how to use them in the best way. They also look at how prices, markets, and government decisions affect farmers and the food we eat.

Instead of planting crops, Agricultural Economists plant ideas! They use math, numbers, and problem-solving skills to guess what might happen in farming and to fix problems like food shortages or high prices. They also help predict food shortages before they happen by studying weather, farming data, and trade, and can warn people if a drought might cause less food to grow, so solutions can be found early!

They help farmers figure out how to save money, advise the government on farming rules, and support companies in setting prices or planning for the future. If you like farming and enjoy solving puzzles using numbers and research, this job could be a great way to help people and feed the world!

Aspectos gratificantes de la carrera
  • Helping farmers and agribusinesses increase profits by applying smart economic strategies
  • Seeing policies or projects you’ve worked on improve food security in communities
  • Working on global challenges like sustainability, trade, and resource management
  • Blending a passion for agriculture with strong analytical skills to make a real impact
2025 Employment
38,000
2035 Projected Employment
41,000
La primicia
Responsabilidades del trabajo

Horario de trabajo

Agricultural Economists usually work full‑time in offices, research centers, or universities. They often keep regular business hours but may travel to farms, conferences, or government meetings. When deadlines for reports or policy briefs approach, longer hours are common.

Tareas típicas

  • Analyze economic data related to crop yields, prices, and production costs.
  • Prepare reports and forecasts for farmers, agencies, or agribusinesses.
  • Develop models to predict how policy changes or market trends will affect agriculture.
  • Consult with farming operations to improve efficiency and profitability.
  • Present findings to government officials, industry leaders, or academic peers.

Responsabilidades adicionales

  • Designing and conducting surveys to gather farm‑level data.
  • Writing grant proposals to fund research projects.
  • Advising on crop insurance programs, trade deals, or subsidy impacts.
  • Teaching university courses or training new professionals in agricultural economics.
  • Staying updated with new analytical software, data sources, and economic models.
  • Collaborating with agronomists, policy makers, and sustainability experts on interdisciplinary projects.
  • Publishing articles or presenting research at national and international conferences.
Un día en la vida

Before stepping into meetings or touching a spreadsheet, the day often starts with a scan of global crop prices, overnight rainfall data, and new policy updates that could ripple through the ag economy. From there, it’s a mix of deep analysis and real-world problem-solving—running economic models to assess the impact of fertilizer cost changes, or helping forecast how droughts might affect corn yields.

Afternoons are typically spent writing reports for government agencies, advising agribusiness clients, or speaking with farmers’ groups about financial strategies. And when planting or harvest is underway, don’t be surprised to find economists out in the field, gathering firsthand insights.

As one profile of respected agricultural economist Roger Falcon noted:

He derived many of his economic insights and policy recommendations from conversations with farmers all around the world … He needed to travel to the field and see firsthand how the crops, farmers, and communities were faring.” — Stanford Magazine

Because in this line of work, the numbers don’t mean much unless they reflect what’s really happening on the ground!
 

Habilidades necesarias en el trabajo

Soft Skills:

  • Habilidades de comunicación
  • Pensamiento analítico
  • Problem‑solving
  • Colaboración
  • Critical reasoning
  • Paciencia
  • Integridad
  • Creatividad
  • Decision‑making
  • Atención al detalle

Technical Skills:

  • Advanced statistics and economic modeling
  • Data analysis with software like R, SAS, STATA, or Python
  • Knowledge of agricultural markets and policies
  • GIS (Geographic Information Systems) for mapping resources
  • Understanding of farm management systems
  • Financial analysis and budgeting
  • Research design and survey methods
  • Report writing and publication standards
Different Types of Agricultural Economists
  • Policy Economists: Work with government agencies to shape farm subsidies, trade rules, and environmental policies
  • Production Economists: Help farmers and agribusinesses improve efficiency and profitability
  • Development Economists: Focus on improving food systems in developing countries
  • Academic/Research Economists: Teach and conduct research in universities or think tanks
Diferentes tipos de organizaciones
  • Government agencies (USDA, Department of Agriculture, local agriculture boards)
  • Universities and agricultural research centers
  • International development organizations (FAO, World Bank)
  • Agribusiness companies and food processors
  • Farm credit institutions and consulting firms
Expectativas y sacrificios

Agricultural Economists often juggle multiple projects and tight deadlines. They’re expected to produce clear, accurate analyses even when data is incomplete or rapidly changing. Sometimes travel is required to gather data or meet stakeholders in rural areas. Late nights may happen before policy deadlines or conference presentations. Still, the impact makes it worthwhile—your advice can directly influence farm incomes, trade policies, or food security initiatives.

Tendencias actuales

Economic modeling is becoming more data‑driven, with big data and artificial intelligence offering new insights into farm productivity and sustainability. There’s increasing focus on climate economics—measuring the cost of droughts, floods, and carbon footprints. Sustainability and resource efficiency are hot topics, with economists evaluating how to balance productivity with environmental stewardship. Digital tools now allow real‑time price tracking and predictive analytics, making the role even more dynamic.

¿Qué tipo de cosas disfrutaba la gente de esta carrera cuando era joven...

Many agricultural economists loved math, puzzles, and analyzing patterns. Some grew up on farms, fascinated by how market prices changed each week. Others enjoyed debate clubs, economics competitions, or helping in family businesses where budgeting and decision‑making were part of daily life.

Educación y formación necesarias

Most professionals in this field start with a bachelor’s degree in agricultural economics, agribusiness, economics, finance, or natural resource management. A strong foundation in math, data analysis, and agricultural systems is essential.

High school students can get a head start by taking courses in math, economics, and agriculture, and by joining programs like FFA or 4-H, which offer valuable exposure to agribusiness concepts and leadership development.

For advanced roles particularly in research, policy analysis, or government—a master’s or Ph.D. in agricultural economics or applied economics is highly recommended.

Common college coursework may include:

  • Micro and Macroeconomics
  • Agricultural Markets and Trade
  • Resource and Environmental Economics
  • Farm and Agribusiness Management
  • Econometrics and Statistical Analysis
  • Agricultural Policy and Risk Management
  • Financial Planning and Budgeting
  • Geographic Information Systems (GIS) for Agriculture

Optional Certifications and Training:

  • Data Analytics or GIS Training (e.g., Esri, Tableau)
  • Workshops in agricultural policy, commodity risk management, or farm finance
  • Membership in professional groups like the Agricultural & Applied Economics Association (AAEA) for networking and continuing education
Cosas que hacer en el instituto y la universidad
  • Take classes in economics, statistics, business, and agriculture
  • Join 4‑H, FFA, or economics clubs to build leadership and market skills
  • Volunteer or intern with local farms, ag co‑ops, or research offices
  • Read agricultural trade magazines and follow USDA market reports
  • Practice using spreadsheet software and basic data analysis tools
THINGS TO LOOK FOR IN AN EDUCATION AND TRAINING PROGRAM

Look for schools with strong agricultural economics departments, opportunities for internships or field research, and links to government or industry projects.

Great programs include:

  • Iowa State University – Department of Economics
  • University of California, Berkeley – Agricultural & Resource Economics (ARE)
  • Texas A&M University – Department of Agricultural Economics
  • Cornell University – Dyson School of Applied Economics & Management
Cómo conseguir tu primer trabajo
  • Search on sites like AgCareers.com, USAJobs.gov, Indeed, or university career portals for positions such as research assistant, economic analyst, or agribusiness trainee. Use keywords like “agricultural economics,” “farm policy,” or “commodity markets” to find the most relevant roles.
  • Apply to entry‑level roles at government agencies (such as USDA, state departments of agriculture, or economic development offices), farm credit institutions, cooperatives, think tanks, or consulting firms. Don’t overlook internships or temporary analyst positions because they often lead to full-time roles.
  • Highlight any research projects, internships, or farm background experience on your resume.
  • Network at agricultural economics conferences, webinars, and alumni events.
  • Prepare for interviews by practicing how to explain economic concepts in simple terms.
  • Demonstrate your ability to connect data to real agricultural decisions.
  • Wear professional attire to interviews and express your passion for agriculture, understanding of crop inputs, and eagerness to grow and learn on the job.
Cómo subir la escalera
  • Specialize in a niche like commodity markets, international trade, or sustainability economics to stand out in the field.
  • Pursue advanced degrees (such as a Master’s or Ph.D. in Agricultural Economics) or professional certifications in data analytics, GIS, or risk management to open doors to senior roles.
  • Join professional groups such as the Agricultural & Applied Economics Association AAEA or the International Association of Agricultural Economists (IAAE) to network with experts and stay updated on global trends.
  • Show leadership by mentoring interns, leading projects, or advising policy groups through university extension programs or nonprofit coalitions.
    Stay current with agricultural policy, global trade agreements, and emerging technologies like precision agriculture or ag data platforms.
    Take on cross-functional roles that give you experience in budgeting, forecasting, or regulatory compliance to broaden your management skills.
  • Apply for fellowships or advisory roles with organizations like USDA, IFPRI, or regional economic development councils.
  • Build relationships with industry stakeholders, university researchers, and government agencies through webinars, panels, or cooperative research initiatives.
  • Seek out professional development through online courses, certificate programs, and feedback from supervisors or mentors to refine your technical and communication skills.
Recursos recomendados

Websites:

  • AgCareers.com
  • USDA – Economic Research Service
  • Agricultural & Applied Economics Association
  • FarmProgress
  • AgWeb
  • AgEcon Search
  • CME Group – Agricultural Markets
  • IFPRI
  • RePEc
  • C-FARE
  • Farm Credit
  • AgriMarketing
  • Extension Foundation (eXtension)
  • National Agricultural Statistics Service
  • USDA – Foreign Agricultural Service
  • World Bank – Agriculture and Food
  • OECD – Agriculture and Fisheries
  • FAO
  • NIFA
  • Agri-Pulse

Books:

  • Agricultural Economics by H. Evan Drummond and John W. Goodwin
  • The Economics of Food and Agricultural Markets by Andrew Barkley and Paul W. Barkley
  • Applied Agricultural Economics by Allen W. Barkema
Plan B Careers

If becoming an Agricultural Economist doesn’t feel like the perfect fit, there are plenty of rewarding and closely related careers where you can apply the same analytical, business, and agricultural knowledge. These alternative paths still let you make an impact on the food system, rural development, and resource management while offering different work environments, specialties, or responsibilities:

  • Agribusiness Consultant
  • Farm Credit Loan Officer
  • Market Research Analyst (Agriculture)
  • Agricultural Policy Advisor
  • Supply Chain Analyst
  • Farm Manager

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