The FAPRI 2010 U.S. and World Agricultural Outlook presents projections of world agriculturalproduction, consumption, and trade under averageweather patterns, existing farm policy, and policycommitments under current trade agreements and customunions. The outlook uses a macroeconomic forecastdeveloped by IHS Global Insight. For the Outlook 2010, the slowdown in the world economy in 2009 proved to be deeper and more widespread than originally anticipated, with an annual rate of real GDP growth of -1.9%. However, recovery is projected to begin in 2010, with long-term real GDP growth of 3.3% reached by 2011. With the recovery primarily driven by a fiscal stimulus and restocking of inventory, its sustainability centers on how quickly and robustly confidence is restored and the employment picture is improved, leading to transition into private consumption and investment demand for medium- to longer-term growth.