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Agricultural Policy Research Institute Projects Rebounding U.S. Meat Exports, Soybean Concentration.

AScribe Business & Economics News Service, March, 2005

Byline: Iowa State University

WASHINGTON, March 16 (AScribe Newswire) -- Solid prices, stable economic growth globally and a weak dollar in industrialized trading countries will keep U.S. agricultural exports strong for the next 10 years, according to the projections the Food and Agricultural Policy Research Institute (FAPRI) presented to Congress this week. Sanitary and phytosanitary concerns, however, will continue to plague meat markets in the short term and will partially offset the growth in exports of coarse grains.

FAPRI, an economic research group with centers at Iowa State University and the University of Missouri-Columbia, prepares 10-year baseline projections intended for use by policymakers and other planners in the agricultural sector....

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