united states department of agriculture office the chief economist world agricultural outlook board staff report waob 97 1 baseline projections to 2005 reflecting 1996 farm act interagency committee washington dc 20250 3812 usda february 1997 i us prepared by no 120 pp abstract this provides long run for sector through that incorporate provisions federal improvement and reform assumes new legislation remains in effect cover commodities trade aggregate indicators such as income food prices generally favorable global economic growth is projected which combined with liberalized associated both gatt agreement unilateral policy reforms supports strong exports greater market orientation domestic under puts farmers a position competing