OECD Food, Agriculture and Fisheries Papers

ISSN: 
1815-6797 (online)
http://dx.doi.org/10.1787/18156797
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Selected studies on various food, agriculture and fisheries issues from the OECD Trade and Agriculture Directorate.

NB. No. 1 to No. 58 were released under the previous series title OECD Food, Agriculture and Fisheries Working Papers.

 

Market and Trade Impacts of Food Loss and Waste Reduction You or your institution have access to this content

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    http://oecd.metastore.ingenta.com/content/5js4w29h0wr2-en.pdf
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Author(s):
Koki Okawa1
Author Affiliations
  • 1: OECD, France

05 Mar 2015
Bibliographic information
No.:
75
Pages:
56
http://dx.doi.org/10.1787/5js4w29h0wr2-en

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This report provides a forward looking analysis of the market and trade impacts of food loss and waste reduction, based on the latest projections for world and national agricultural markets provided by the Aglink-Cosimo model for the ten-year period 2014-23. The study applies FAO estimates of producer loss and consumer waste, which are reduced by 20% over ten years, on the assumption that those reductions can be achieved without cost. In global terms, greater impacts on international markets come from contractions in demand via reduced waste than from the stimulus to supply from lower losses. Savings to consumers total more than USD 2.5 trillion over ten years. Reduced crop losses in developing countries lead to higher crop supply in these countries, with reduced prices from efficiency gains benefiting both developing and developed countries.
Keywords:
food waste, agricultural commodity market, Aglink-Cosimo model
JEL Classification:
  • Q10: Agricultural and Natural Resource Economics ; Environmental and Ecological Economics / Agriculture / General
  • Q11: Agricultural and Natural Resource Economics ; Environmental and Ecological Economics / Agriculture / Aggregate Supply and Demand Analysis ; Prices
  • Q17: Agricultural and Natural Resource Economics ; Environmental and Ecological Economics / Agriculture / Agriculture in International Trade
 
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