Agricultural Market and Economic Research

To conduct cooperative economic research and analyses in support of the Office of the Chief Economist's responsibility to advise the Secretary of Agriculture on the economic implications of Department policies, programs, and proposed legislation.

These research projects and analyses cover the
nation's agricultural commodity markets; risk analyses and cost-benefit analyses related to international food and agriculture; sustainable development; energy issues related to the agricultural economy; agricultural labor; global climate change; and any other topics that support the Department's consideration or review of policies and programs.
Examples of Funded Projects

Fiscal Year 2016: FY 2016: One project was funded to better understand the accuracy of USDA's World Agricultural Supply and Demand Estimate report estimates.

It analyzed forecast errors for both foreign and domestic production, consumption, trade and stocks estimates, and decomposed the forecast error of key economic indicators such as domestic carryout levels, exports, and price projections. One project was funded to support an in-depth study to determine the accuracy of biofuel models, by comparing model predictions of indirect land use change and food prices, with actual time series data for the U.S.

and the world. One project was funded to provide greater national collaboration and standardization of Water Quality Trading programs through the adoption of standardized program templates and frameworks based on the National Network's 'Building a Water Quality Trading Program: Options and Considerations.'.

Fiscal Year 2017: No current data available.

Fiscal Year 2018: No current data available.

Agency - Department of Agriculture

Established in 1862, the Department of Agriculture serves all Americans through anti-hunger efforts, stewardship of nearly 200 million acres of national forest and rangelands, and through product safety and conservation efforts. The USDA opens markets for American farmers and ranchers and provides food for needy people around the world.

Program Accomplishments

Not Applicable.

Uses and Use Restrictions

Funds can be used to conduct research that is in cooperation with the Office of the Chief Economist's in-house research and analysis programs and projects.

Funds cannot be used for construction, renovation, real property purchases, and in most cases, equipment.

Eligibility Requirements

Applicant Eligibility

Applicants must have substantial experience in the field of research for which they are applying.

Beneficiary Eligibility

Funds are awarded directly to the ultimate beneficiary. This is not a pass-through program.


Documentation is required, but will vary on the nature of the project and the beneficiary. 2 CFR 200, Subpart E - Cost Principles applies to this program.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.


Application Procedures

2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Interested applicants must contact the Office of the Chief Economist prior to submitting a proposal.

Award Procedures

The Office of the Chief Economist considers proposals received, evaluates the qualifications of the proposal with respect to the research issue, and, in consultation with the selected cooperator institution, establishes a funding level and the specific deliverables due at the conclusion of the agreement.


Not Applicable.


7 U.S.C. Section 3318.

Range of Approval/Disapproval Time

Not Applicable.


7 CFR Part 11 does not apply to this program.


Not Applicable.

Assistance Considerations

Formula and Matching Requirements

Statutory formulas are not applicable to this program. This program has no matching requirements. This program does not have MOE requirements.

Length and Time Phasing of Assistance

Funds may be awarded at any time during the fiscal year. The period of performance is typically restricted to one year, but may be longer at the discretion of the Agency. See the following for information on how assistance is awarded/released: Funds may be dispersed as often as monthly upon request of the cooperator.

Post Assistance Requirements


No program reports are required.

Cash reports are not applicable.

Progress reports are required semi-annually, or as otherwise directed by the Agency.

A final report is required within 90 days of project completion.

Financial reports are required semi-annually, or as otherwise directed by the Agency.

A final report is required within 90 days of project completion.

Performance monitoring is not applicable.


In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503.


Financial records, supporting documents, statistical records, and all other records pertinent to an award shall be retained for a period of three years from the date of submission of the final expenditure report.

Financial Information

Account Identification



(Cooperative Agreements) FY 16 $1,476,093; FY 17 est $1,000,000; and FY 18 est $800,000

Range and Average of Financial Assistance

For FY16, the range of Financial Assistance was $15,000 to $300,000, with an average award of $107,282.

Regulations, Guidelines, and Literature

Not Applicable.

Information Contacts

Regional or Local Office


Headquarters Office

Chief Economist 12th & Jefferson Drive, SW Whitten Building, Room 112 , Washington, District of Columbia 20250 Phone: 202-720-4164

Criteria for Selecting Proposals

Review by professional economic and senior management staff at the Office of the Chief Economist for relevance of the proposed research topic to the Office of the Chief Economist's priorities, experience of the institution with respect to the research topic, cost effectiveness, and qualifications of key personnel.

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