The American agriculture and food industries have always been integral to our country’s collective success – not only putting food on our tables but fueling jobs and opportunities for Americans. The latest economic data underscores these industries’ broad influence and reveals they have largely recovered from the effects of the pandemic. But with the continued disruption of global supply chains, and Russia’s invasion of Ukraine sparking the biggest commodity shock since the 1970s, these industries are facing a new world. How our federal government responds moving forward will determine whether they can continue as the bedrock of the American economy.
This week, the 30 leading food and agriculture industry associations released the 2022 edition of Feeding the Economy, an annual economic impact report that quantifies the contributions of these industries. The 2021 findings reinforce what we already know: from farmers and ranchers to retailers, America’s food and agriculture industries are fundamental to a healthy U.S. economy.
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