Revisions in the USDA Baseline Projections

USDA’s long-term (10-year) agricultural baseline projections are of vital importance to farmers, market participants and policymakers. In this report, The Farm Income Enhancement Program analyzes USDA's annual revisions to these projections, finding that the revisions from one year to the next do not necessarily improve accuracy of the projections over the horizons.

Publication type: 
Date published: 
Monday, March 14, 2022