The agriculture sector grew markedly last year, driven by increasing food prices and strong global demand. In fact, the U.S. agricultural industry recorded its highest export levels in 2021, valued at $177 billion.
Agriculture commodity prices are projected to remain strong in 2022 amid sustained demand, moderate supplies, and production fears related to weather. And as supply chain disruptions continue, the prices of consumer agricultural goods are expected to be on the rise this year.
