OECD-FAO Agricultural Outlook 2012
This is the 18th edition of the Agricultural Outlook and the eighth prepared jointly with the Food and Agriculture Organization of the United Nations (FAO). It brings together the commodity, policy and country expertise of both organisations, and input from collaborating member countries. The report provides world market trends for biofuels, cereals, oilseeds, sugar, meats, fish and dairy products over the 2012-2021 period and contains an evaluation of recent developments, and key issues and uncertainties in those commodity markets. A jointly-developed modelling system, based on the OECD’s AGLINK and on the FAO’s COSIMO models, facilitates consistency in the projections. This edition includes a special feature on the challenge of increasing agricultural productivity growth in a sustainable manner.
- Publication Date :
- 11 July 2012
- DOI :
- 10.1787/agr_outlook-2012-en
Methodology
- Pages :
- 211–216
- DOI :
- 10.1787/agr_outlook-2012-14-en
This section provides information on the methodological aspects of the generation of the present Agricultural Outlook. It discusses the main aspects in the following order: First, a general description of the agricultural baseline projections and the Outlook report is given. Second, the compilation of a consistent set of the assumptions on macroeconomic projections is discussed in more detail. A third part presents how production costs are taken into account in the model’s supply equations. Then the fourth part presents the methodology developed for the stochastic analysis conducted with the AGLINK-COSIMO model.