Table 2: Baseline prices for major commodities.

2011Long run*

(US dollars per metric ton)
Wheat FOB Gulf 270274
Corn FOB Gulf183200
Soybean CIF Rotterdam442475
Beef Nebraska Direct 2,2742,530
Barrow and Gilt, National1,2261,463
Broiler U.S. 12-City1,9242,256
(US dollars per gallon)
Anhydrous ethanol, Brazil1.632.60
Ethanol FOB Omaha1.972.04
Biodiesel Central Europe FOB4.775.81
US biodiesel plant4.224.84

Long-run equilibrium is imposed in 2023.