OECD-FAO Agricultural Outlook 2013
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OECD-FAO Agricultural Outlook 2013

The nineteenth edition of the Agricultural Outlook, and the ninth prepared jointly with the Food and Agriculture Organization of the United Nations (FAO), provides projections to 2022 for major agricultural commodities, biofuels and fish. Notable in the 2013 report is the inclusion of cotton for the first time and a special feature on China.

Higher costs and strong demand are expected to keep commodity prices well above historical averages with a high risk of price volatility given tight stocks, a changeable policy environment and increasing weather-related production risks. China is projected to maintain its self-sufficiency in certain key food commodities while increasing its trade and integration in world agricultural markets.

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OECD

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World ethanol pricesBrazil, Sao Paolo (ex-distillery). declined early in 2012 but regionally, market conditions varied. In the United States, ethanol prices began to rebound later in the year as the extent of the drought in the United States became apparent, driving up feedstock prices. In Brazil, an improved sugar cane crop in the latter half of the year improved supplies and pulled down domestic ethanol prices.

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