University of Missouri System

The Food and Agricultural Policy Research Institute at the University of Missouri (fapri)has a Congressionally Mandated Policy Research Center Cooperative Agreement With the Office of the Chief Economist. Fapri Provides Congress, Particularly the House and Senate Agriculture Committees, and Usda Leadership With Rapid-response Economic Analyses and Data for Policy Development to Achieve Optimal Outcomes for Farmers and Ranchers. Major Deliverables Include Development of Updated Baseline Estimates That Summarize 10-YEAR Projections for Grains, Oilseeds, Biofuels, Livestock, Poultry, Dairy, and Others; Both Public and Confidential Analyzes of Agricultural Policy Options Determining Impacts on Agricultural Markets and Stakeholders; and Updated Data That Feed Into Various Models Used to Illustrate Financial Risks Faced by Different Types of Farm Operations Around the U.s. These Deliverables Are Used by Usda, Congress, and Agri-businesses to Evaluate New Market Developments and Policy Options That Affect Farm Commodity Markets, Farm Income, and Consumer Food Prices Relative to the Baseline, Such as Impacts of Trade Disputes or Agreements, Biofuel Policy, and Farm Bill Policy.