FAPRI 2000 U.S. Agricultural Outlook
The Food and Agricultural Policy Research Institute (FAPRI), located at the University of Missouri and Iowa State University, develops long-term projections for world agriculture. The 10-year baseline results from a process that lasts several months. Initially, analysts from universities involved in the FAPRI consortium meet to determine the key assumptions that underlie the baseline. Based on these assumptions, preliminary projections are developed and then subjected to outside review. The last step is to incorporate comments from the reviewers, as well as any other changes, into the final baseline projections. Once the baseline is completed, FAPRI leaders travel to Washington, DC, for a series of briefings to congressional staff, analysts at the U.S. Department of Agriculture
(USDA), and commodity groups.