Bowl projections: New Year's Day bowls for Iowa State, Iowa in latest USA TODAY outlook

This would make for an interesting New Year's Day in Iowa. 

The latest USA TODAY outlook, admittingly very early, has the Hawkeyes and Cyclones both playing in the Sugar and Fiesta bowls. 

The outlook has Iowa playing Cincinnati in the Fiesta Bowl and Iowa State taking on Florida in the Sugar Bowl. 

Meanwhile, Oklahoma and Oregon swap places in the College Football Playoff field with the Sooners dropping into the No. 4 seed and a semifinal matchup with Alabama after their narrow win at Nebraska. 

Florida, at No. 9, was the highest-ranked team to lose last Saturday, but the Gators solidified their New Year's Six position in the Sugar Bowl on the strength of that close defeat to Alabama. 

Arizona State's loss at Brigham Young and Southern California's road victory at Washington State have the Trojans now forecast for the Rose Bowl, though the race for the second spot in the Pac-12 looks more unpredictable by the week. 

Looking ahead to this week, there's opportunity for some changes with unbeaten SEC foes Texas A&M and Arkansas facing off in Arlington, Texas. Wisconsin and Notre Dame clash in another neutral site game, in Chicago, that gives both teams an opportunity to improve their outlook.

Follow colleges reporter Erick Smith on Twitter @ericksmith