Unexpected events such as trade disputes, the COVID-19 pandemic and now the war in Ukraine have added great uncertainty and volatility in agricultural markets. Farm commodity prices, production costs and consumer food prices are higher than would have been expected a few months ago. Economists from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri prepare…
Food and Agricultural Policy Research Institute ⋅ Page 1
Abner Womack Receives the Jay B. Dillingham Award for Agricultural Leadership and Excellence
The Agricultural Business Council of Kansas City honored Abner Womack May 18 at a luncheon in the Chamber Board Room in Kansas City’s historic Union Station. Womack, Professor Emeritus of Agricultural Economics and co-founder of the Food and Agricultural Policy Research Institute (FAPRI-MU) at the University of Missouri, received the Council’s highest award, the Jay B. Dillingham Award for Agricultural…
Rural and Farm Finance Policy Analysis Center Announced
The new center will take a regional approach to policy and market analysis
The University of Missouri (MU) College of Agriculture, Food and Natural Resources (CAFNR) has formed a new Rural and Farm Finance Policy Analysis Center (RaFF). The center will study how policies and agricultural markets affect farm and rural finances by U.S. region. RaFF will work closely with the College’s Food and Agricultural Policy Research Institute (FAPRI), a CAFNR Program of…
FAPRI Releases U.S. Baseline Outlook Report Update
Several factors have disrupted agricultural markets in 2021
Strong demand from China, smaller supplies and other factors have resulted in higher prices for many agricultural commodities. Projected prices for corn, soybeans, hogs and several other commodities moderate in the years ahead, while cattle prices increase. Economists from the Food and Agricultural Policy Research Institute (FAPRI) team release the annual U.S. Baseline Outlook report each spring, and provide an…
Agricultural Markets Still Face Uncertainty, but University of Missouri Analysts See Signs of Optimism
FAPRI releases annual U.S. Agricultural Market Outlook
Farm income could decline in 2021, in spite of large increases in the value of crop and livestock sales, according to the latest analysis of national and global agricultural trends from the University of Missouri. Lower government payments and higher farm production costs could outweigh the increase in sales. Even with the decline projected by analysts at the Food and…
Gathering Preliminary Data
FAPRI provides early analysis of the impact of the COVID-19 pandemic on agricultural markets in the U.S.
The U.S. Agricultural Market Outlook is prepared annually by economists with the Food and Agricultural Policy Research Institute (FAPRI) and MU Agricultural Markets and Policy (AMAP) and is updated each August. FAPRI Director Pat Westhoff said the report gives policymakers, farmers, agribusinesses and the public an overview of the state of the U.S. farm economy. The market projections it contains can…
Farm Economy Outlook Depends on New Trade Agreements, Evolution of Disease Outbreaks
Food and Agricultural Policy Research Institute (FAPRI) releases annual U.S. Agricultural Market Outlook report
The outlook for the United States farm economy depends on the implementation of new trade agreements and the evolution of animal and human disease outbreaks, according to the latest analysis of national and global agricultural trends from the University of Missouri. While net farm income increases in 2020, under a baseline assumption of continued trade friction with China, other indicators…
FAPRI Releases U.S. Baseline Outlook Report Update
Several factors have disrupted agricultural markets in 2019
Excessive spring rain, trade disputes and African swine fever have disrupted agricultural markets in 2019. Despite reduced 2019 United States corn and soybean production prospects, prices for many commodities are under downward pressure because of the many factors that have weakened demand. Economists with the Food and Agricultural Policy Research Institute (FAPRI) and the MU Agricultural Markets and Policy (AMAP) team release…
Patrick Westhoff Receives Mitchell Fellow Award at 2019 Celebration of Excellence
Patrick Westhoff, director of the Food and Agricultural Policy Research Institute (FAPRI) and Cowden Professor, agricultural and applied economics, received the Roger L. Mitchell Fellow Award at CAFNR’s 2019 Celebration of Excellence awards ceremony, held Thursday, April 11. Patrick Westhoff’s research includes conducting forward-looking analysis of agricultural markets and policies. He provides analysis to policymakers and the public on the…
Pressure on Farm Finances Appears Likely to Continue
Food and Agricultural Policy Research Institute (FAPRI) releases annual U.S. Baseline Outlook report
Pressure on farm finances appears likely to continue according to the latest analysis of national and global agricultural trends from the University of Missouri. While the analysis shows a projected net farm income increase in 2019, farm income remains below the average of 2014-17. Longer-term projections suggest little change in real net farm income over the next decade, resulting in…