Agricultural Economist

Duties

Identify, analyze, and interpret supply and demand factors for federally insured crops to develop price projections (price elections) for the upcoming crop year.

Develop relationships and collaborate with universities, research organizations, commodity groups, handlers, other government agencies, producers, and processors to gather data and information about crops and crop markets.

Plan and direct special studies on price elections quality adjustment factors, distribution of liability for various crops, and other factors needed to evaluate actuarial adequacy and equity.

Serve as a resource and spokesperson of the Prices Branch at Federal Crop Insurance Corporation (FCIC), senior management, producer group, and insurance and agricultural lenders meetings.

Ensure that price elections and corresponding data for insured crops are entered into databases accurately to guarantee accurate population of all relevant insurance offers. This will require developing knowledge of large and complex databases.

Write reports containing background research, program analysis, data and information sources, relevant agricultural economic principles, market structure and dynamics, price projection methodologies, and results of any statistical analysis.

Reports will also include conclusions regarding how all this information culminates in expectations for the future and the expected impact on prices. Submission of reports must adhere to strict deadlines.