fapri

The Food and Agricultural Policy Research Institute (FAPRI) is a unique, dual-university research program. With research centers at the Center for Agricultural and Rural Development (CARD) at Iowa State University and the Center for National Food and Agricultural Policy (CNFAP) at the University of Missouri-Columbia, FAPRI uses comprehensive data and computer modeling systems to analyze the complex economic interrelationships of the food and agriculture industry.

FAPRI Models:

• Crop Insurance: The FAPRI Crop Insurance Model examines and projects the coverage, usage, performance, and expenditures for the U.S. crop insurance program.
• Dairy: The FAPRI International Dairy Model examines and projects the area, production, usage, stocks, prices, and trade for fluid milk, butter, cheese, nonfat dry milk, and whole milk powder for several countries and regions of the world.
• Ethanol: The FAPRI/CARD International Ethanol Model examines and projects the production, use, stocks, prices, and trade for ethanol for several countries and regions of the world.
• Grains: The FAPRI International Grains Model examines and projects the area, production, usage, stocks, prices, and trade for wheat, corn, barley, and sorghum for several countries and regions of the world.
• Livestock: The FAPRI International Livestock Model examines and projects the area, production, usage, stocks, prices, and trade for beef and veal, pork, and poultry meat for several countries and regions of the world.
• Oilseeds: The FAPRI International Oilseeds Model examines and projects the area, production, usage, stocks, prices, and trade in the soybean, rapeseed, sunflower seed, palm, and peanut complexes for several countries and regions of the world.
• Sugar: The FAPRI International Sugar Model examines and projects the area, production, usage, stocks, prices, and trade for sugar for several countries and regions of the world.

Large-scale modeling systems have long been viewed as potentially valuable tools for evaluating farm policy. They have received increased attention in recent years, in part because of the added complexity of U.S. farm programs and the fuller integration of the U.S. farm sector with nonfarm sectors and world agricultural commodity markets. Instability in the world economy, changed macroeconomic policies, credit and debt positions, and agricultural trade regulations have significant impacts on U.S. agriculture in the short run and more pronounced long-run implications. It is important that policy models explicitly address these complexities of agriculture if they are to be successfully applied in policy design and evaluation.