The 2022 FAPRI-MU baseline outlook has been updated to include the large impacts on agricultural markets in the last three months, reflecting higher farm receipts and costs and higher consumer food prices. The initial outlook released in March was based on information available in January 2022. The partial update to the baseline is based on information available in mid-April…
U.S. Baseline Outlook ⋅ Page 1
Unexpected Events Impact Agricultural Markets
Food and Agricultural Policy Research Institute (FAPRI) releases annual U.S. Baseline Outlook report
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…
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…
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…