Source: FARM PROGRESS, 1/10/22


*This is the fourth article in our 2022 Southwest Economic Outlook series. Hear from Oklahoma State University and Texas A&M AgriLife Extension economists about the 2022 outlook. 

 Following a half-decade of low and stagnant commodity prices, culminating with the scare of economic shutdown and pandemic uncertainty, the farm economy looked bleak in 2020.  Prices recovered reasonably well before most of the 2020 harvest and have since improved as economies gradually emerged from lockdown and continue to adjust to new ways of doing business.

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