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The forecasts are developed as a part of the USDA Baseline projections to help develop projected net returns for major field crops. These long-term baseline projections provide a starting point for discussion of alternative outcomes for the agricultural sector under expected or proposed future policies. Cost-of-production is only forecast at the national level and would differ considerably among regions, individual farmers, and by size of operation. Note: F = Forecasts as of November, 2011. Costs are projected primarily by applying changes for 2011, 2012 and 2013 in indexes of prices paid for farm inputs based on USDA Baseline projections to the 2010 production costs.
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