According to the USDA Agricultural Projections report from February 2023, potatoes will account for 35% of all vegetables produced in the U.S. by 2033, an increase of 1% from 2022. Baseline projections indicate that potatoes will contribute 20% of vegetable farm value by 2033, a 1% increase from 2022.

“Projected potato production grows 8% while value rises 3% over the 2022–2033 Baseline. Planted acres are estimated to decrease slightly in 2024, but total planted acres in the top 13 potato-producing States are forecast to remain flat through 2033. The long-term potato forecast assumes average weather and adequate water supplies, an upward yield trend, and steady demand in the U.S. and abroad for processed potatoes,” the experts behind the report added.

This report provides projections for the agricultural sector to 2033. Projections cover agricultural commodities, agricultural trade, and aggregate indicators of the sector, such as farm income. The forecasts are based on specific assumptions, including a macroeconomic scenario, existing U.S. policies, and current international agreements.

The Agriculture Improvement Act of 2018 is assumed to remain in effect through the projection period, as no agreement had been reached on a new Farm Bill as of October 2023. The projections are one representative scenario for the agricultural sector and reflect a composite of model results and judgment-based analyses.

The projections behind this report were prepared using data through the October 2023 World Agricultural Supply and Demand Estimates (WASDE) report, except where noted otherwise. Macroeconomic assumptions were concluded in August 2023.