A certain cyclical price behaviour is caused by the projected production patterns of major producers, but by 2023, world cotton prices are expected to be lower than in 2011-13, in both real and nominal terms. For each segment a market clearing price is projected. Prices follow similar projection paths, but they differ in level, with the Pacific price generally above the Atlantic, because of sanitary and phytosanitary measures that prevent beef from the Atlantic region to access the more lucrative markets in the Pacific region. Poultry and sheep meats are traded in single international markets.