FAPRI Agricultural Trade Projections Now Available

May 19, 1999

AMES, IOWA--The 1999 FAPRI (Food and Agricultural Policy Research Institute) agricultural trade projections for the next decade are now available in two published reports and online.According to FAPRI report, the value of U.S. exports will increase more than 40 percent by 2008."In the long run, optimism for U.S. agricultural exports stems primarily from new market-access opportunities derived from trade agreements and from the expected economic recovery in Asia and other emerging markets," said John Behgin, FAPRI director at Iowa State University. "As global food demand progressively recovers, the United States is in an excellent position to capitalize on expanding consumption."Projection data and analysis are available for the major agricultural commodities in the FAPRI 1999 World Agricultural Outlook and the FAPRI 1999 U.S. Agricultural Outlook. The information is also available at the FAPRI Web sites, www.fapri.iastate.edu and www.fapri.missouri.edu.To order a FAPRI Outlook report, contact Betty Hempe, circulation manager, at Center for Agricultural and Rural Development, 578 Heady Hall, Iowa State University, Ames, IA 50011-1070; 515-294-1183 or card@iastate.edu.FAPRI provides economic analysis for policymakers and others interested in the agricultural economy. Its core centers are at Iowa State and the University of Missouri, with affiliates at Texas A&M University, the University of Arkansas, Arizona State University, North Dakota State University and Kansas State University.