How do abnormal weather conditions, animal health outbreaks and global conflict impact U.S. agricultural markets? The Food and Agricultural Policy Research Institute at the University of Missouri (FAPRI-MU) has just released its annual U.S. Baseline Outlook report. The report includes projections for agricultural and biofuel markets and serves as a point of reference for evaluating alternative scenarios for agricultural policy.
“What goes up, generally comes back down in agricultural markets,” FAPRI-MU director Pat Westhoff said. “Projected prices for most crops, poultry and dairy…
