2025 Baseline Update for International Agricultural Markets
October 3, 2025
FAPRI-MU Report #04-25: This report, based on information that was available in mid-August 2025, updates the FAPRI international baseline outlook models. The projections in this report come from the simulation of the international models in conjunction with the U.S. models (see FAPRI-MU Report #03-25 for U.S. projections). The continuation of current policy is assumed. Macroeconomic data used in these projections come from the July 2025 forecasts by S&P Global.
University of Nevada, Reno international crops projections can be found here (click on “International Crops Baseline – August 2025” for the most recent tables).