The extreme price volatility of recent years may continue, as many of the factors that caused recent price swings remain in flux. FAPRI-MU recognizes this uncertainty and considers 500 alternative outcomes for the future based on different assumptions about the weather, the price of petroleum and other factors that will affect the supply and demand for agricultural commodities. The tables which follow generally report the averages of the 500 alternative outcomes, but it is important to recognize that actual market results may vary greatly from the reported averages. Acknowledgments The . Baseline Briefing Book was prepared by FAPRI-MU researchers.
