Legal Definitions - ERS

ERS stands for the Economic Research Service.

The Economic Research Service (ERS) is a primary statistical and research agency of the U.S. Department of Agriculture (USDA). Its mission is to anticipate trends and emerging issues in agriculture, food, the environment, and rural development, and to conduct high-quality, objective economic research to inform public and private decision-making. The ERS provides a wide range of data, analyses, and reports that are used by policymakers, businesses, academics, and the public to understand the economic forces shaping the agricultural sector and rural America.

Here are some examples of how the Economic Research Service's work applies:

• Imagine a congressional committee is debating a new farm bill that includes provisions for crop insurance and conservation programs. To understand the potential economic impact of these provisions on farmers' incomes, food prices, and the overall agricultural economy, the committee would likely consult detailed reports and data published by the Economic Research Service. These ERS analyses provide objective, evidence-based insights into the financial implications of various policy choices.

• Consider a large food processing company that needs to forecast the supply and price of key agricultural commodities, such as soybeans or dairy products, for the upcoming year. Their market analysis team would regularly review the commodity outlook reports and market briefs produced by the Economic Research Service. This information helps the company make informed decisions about purchasing, production planning, and risk management.

• A university researcher is studying the economic challenges faced by rural communities in the United States, specifically focusing on access to healthcare and broadband internet. To support their research and provide a robust statistical foundation, the researcher would frequently cite data and findings from the Economic Research Service on rural population trends, income levels, and infrastructure availability. ERS data is a trusted source for understanding the socio-economic landscape of rural America.