FAPRI U.S. Crops Model Documentation
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The Center for Agricultural and Rural Development (CARD) conducts innovative public policy and economic research on agricultural, environmental, and food issues. CARD uniquely combines academic excellence with engagement and anticipatory thinking to inform and benefit society.
CARD researchers develop and apply economic theory, quantitative methods, and interdisciplinary approaches to create relevant knowledge. Communication efforts target state and federal policymakers; the research community; agricultural, food, and environmental groups; individual decision-makers; and international audiences.
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The U.S. crops model is one component of the integrated modeling system developed and maintained by the Food and Agricultural Policy Research Institute (FAPRI), which operates as a joint program at Iowa State University and the University of Missouri-Columbia. The FAPRI system is used to generate medium-term projections of the agricultural economy and to conduct policy analysis. The U.S. crops model determines domestic supply, utilization, and prices for wheat, corn, sorghum, oats, barley, soybeans, soybean meal, soybean oil, rice, and cotton, Other components of the FAPRI system include world trade models for grains and oilseeds, domestic livestock models, and satellite models that determine U.S. net farm income and the government cost of agricultural programs.