Pat Westhoff provided the participants in the Oct. 5 University of Arkansas Division of Agriculture's, Food and Agribusiness Webinar a powerful "Outlook Discussion on Farm Bill, Policy, Tax Reform, Trade and Market Outlook."

Westhoff is director of Missouri FAPRI — Food and Agricultural Policy Research Institute at the University of Missouri — and is a professor in the department of agricultural and applied economics. The mission of FAPRI is to provide objective analysis of markets and policies.

Westhoff and the FAPRI group are part of a very small elite set of analysts who command the respect of members of Congress and their staffs and anyone focused on commodity markets, economic outlook and agricultural policies.

Anyone interested in the ongoing farm bill discussion, the broader area of agricultural policy, tax reform and trade, macro drivers and commodity market outlook will find Westhoff’s presentation and discussion insightful.

Click on the topic links below to hear Westhoff’s discussion on the topics presented below.

The Agricultural Policy and Market Outlook: What now?

00:01 minutes - Intro Slides and Credits

00:13 minutes – Webinar Introduction with Bobby Coats, Professor-Economics, University of Arkansas, Division of Agriculture, Department of Agricultural Economics and Agribusiness, Cooperative Extension Service

01:21 minutes – Intro; Farm Income, land markets, budget costs with Pat Westhoff, Director, FAPRI-Missouri 

6:21 minutes – Macro setting with Pat Westhoff, Director, FAPRI-Missouri 

10:51 minutes – World production of four crops with Pat Westhoff, Director, FAPRI-Missouri

11:58 minutes – Market situation, corn, soybeans, rice, upland cotton, cottonseed with Pat Westhoff, Director, FAPRI-Missouri

28:38 minutes – Corn and soybean receipts and government payments with Pat Westhoff, Director, FAPRI-Missouri

30:34 minutes – ARC and PLC payments and changing program pattern changes after 2019 with Pat Westhoff, Director, FAPRI-Missouri

36:06 minutes – Livestock supply and use with Pat Westhoff, Director, FAPRI-Missouri

39:38 minutes – Policy: President’s budget for FY 2018-2027 and budget resolution with Pat Westhoff, Director, FAPRI-Missouri

39:38 minutes – Some 2017 issues: Tax reform and trade with Pat Westhoff, Director, FAPRI-Missouri

45:17 minutes – The next farm bill with Pat Westhoff, Director, FAPRI-Missouri

Bobby Coats is a professor in the Department of Agricultural Economics and Agribusiness, Division of Agriculture, University of Arkansas System, Cooperative Extension Service. E-mail: [email protected].

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