OECD-FAO Agricultural Outlook
- 1999-1142 (online)
- 1563-0447 (print)
OECD’s annual statistics and projections for major agricultural commodities. It analyses how global and domestic forces are shaping agricultural markets over the next decade and highlights some of the risks and uncertainties that may influence the agricultural outlook. After presenting a broad overview of the situation and setting out the assumptions used, the report presents detailed projections for production, consumption, trade, stocks, and prices for OECD countries as well as selected non-member countries. Commodities covered include cereals, oilseeds, sugar, meat, and dairy. Since 2005, it has been published as the OECD/FAO Agricultural Outlook.
OECD-FAO Agricultural Outlook 2009
- OECD, FAO
- 28 July 2009
- 9789264044777 (PDF) ;9789264011441(print)
This edition of the Outlook was prepared in a period of unprecedented financial market turmoil and rapidly deteriorating global economic prospects. Because macroeconomic conditions are changing so quickly, this report complements the standard baseline projections with an analysis of revised short–term GDP prospects and alternative GDP recovery paths. Lower GDP scenarios result in lower commodity prices, with reductions in crop and biofuel prices about one-half those for livestock products. A sensitivity analysis to highly uncertain crude oil prices shows the important links between energy and agricultural prices. The Outlook also reports on a survey of various actors in the agri-food chain in terms of the current impacts of the global economic crisis and credit market constraints.
The issue of food security and the capacity of the agricultural sector to meet the rising demand for food remains very high on the international political agenda. This report provides a brief overview of critical factors such as land availability, productivity gains, water usage and climate change, and suggests that agricultural production could be significantly increased, provided there is sufficient investment in research, infrastructure and technological change, particularly in developing countries.