OECD-FAO Agricultural Outlook 2016-2025
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OECD-FAO Agricultural Outlook 2016-2025

The OECD-FAO Agricultural Outlook 2016-2025 provides an assessment of prospects for the coming decade of the national, regional and global agricultural commodity markets across 41 countries and 12 regions, including OECD countries (European Union as a region) and other key agricultural producers, such as India, China, Brazil, the Russian Federation and Argentina among others. This year's special feature focuses on the prospects and challenges of the agricultural sector in Sub-Saharan Africa. This edition marks the twelfth year of partnership between the two organisations.

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04 July 2016
DOI: 
10.1787/agr_outlook-2016-en
From chapter Commodity snapshots
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Table
 

Table 3.A1.2 – World oilseed projections You or your institution have access to this content

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DOI: 
10.1787/agr_outlook-2016-table100-en
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OECD-FAO Agricultural Outlook 2016-2025 - © OECD 2016

‌3.A1.2World oilseed projections
3.A1.2World oilseed projections
  Marketing year
‌‌
‌‌
Average
2013-15est
‌2016‌
‌2017‌
‌2018‌
‌2019‌
‌2020‌
‌2021‌
‌2022‌
‌2023‌
‌2024‌
‌2025‌
SOYBEAN
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
298.7
 
318.7
 
324.5
 
334.7
 
342.9
 
351.3
 
358.9
 
367.9
 
377.6
 
384.4
 
393.9
 
Consumption
Mt
298.8
 
320.9
 
326.7
 
334.9
 
343.2
 
351.9
 
359.0
 
367.2
 
376.6
 
384.0
 
393.9
 
Crush
Mt
268.1
 
289.0
 
294.5
 
302.2
 
310.3
 
318.8
 
325.5
 
333.4
 
342.3
 
349.5
 
359.0
 
Closing stocks
Mt
34.6
 
36.2
 
33.9
 
33.7
 
33.5
 
32.9
 
32.7
 
33.4
 
34.4
 
34.8
 
34.8
 
Price 1
USD/t
433.3
 
347.5
 
370.7
 
373.5
 
381.1
 
390.5
 
414.2
 
423.7
 
416.1
 
430.0
 
427.3
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
117.0
 
121.5
 
123.7
 
126.0
 
127.2
 
128.4
 
129.9
 
131.8
 
133.5
 
134.4
 
135.9
 
Consumption
Mt
83.3
 
87.2
 
87.7
 
88.7
 
89.2
 
90.1
 
90.7
 
91.0
 
92.1
 
92.3
 
93.4
 
Crush
Mt
75.3
 
79.3
 
79.7
 
80.5
 
81.4
 
82.3
 
82.9
 
83.2
 
84.2
 
84.6
 
85.7
 
Closing stocks
Mt
10.1
 
14.4
 
13.0
 
12.5
 
12.2
 
12.2
 
11.9
 
12.1
 
12.4
 
12.2
 
12.5
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
181.7
 
197.2
 
200.8
 
208.8
 
215.7
 
222.9
 
229.0
 
236.1
 
244.0
 
250.0
 
258.0
 
Consumption
Mt
215.5
 
233.7
 
239.0
 
246.2
 
254.0
 
261.8
 
268.3
 
276.2
 
284.5
 
291.7
 
300.5
 
Crush
Mt
192.8
 
209.7
 
214.8
 
221.6
 
229.0
 
236.5
 
242.6
 
250.2
 
258.1
 
264.9
 
273.3
 
Closing stocks
Mt
24.5
 
21.8
 
20.9
 
21.2
 
21.2
 
20.7
 
20.9
 
21.3
 
22.0
 
22.6
 
22.4
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
110.3
 
114.0
 
115.5
 
117.5
 
118.4
 
119.3
 
120.5
 
122.0
 
123.4
 
124.0
 
125.1
 
Consumption
Mt
83.5
 
87.5
 
87.9
 
88.9
 
89.5
 
90.3
 
91.0
 
91.3
 
92.4
 
92.7
 
93.9
 
Crush
Mt
75.4
 
79.5
 
79.8
 
80.6
 
81.5
 
82.5
 
83.1
 
83.4
 
84.5
 
84.8
 
86.0
 
Closing stocks
Mt
9.9
 
14.3
 
12.9
 
12.3
 
12.1
 
12.0
 
11.7
 
12.0
 
12.3
 
12.1
 
12.3
 
OTHER OILSEEDS
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
144.5
 
143.6
 
145.9
 
148.0
 
149.8
 
151.7
 
153.6
 
155.5
 
157.1
 
158.9
 
160.7
 
Consumption
Mt
143.9
 
143.4
 
145.1
 
147.4
 
149.5
 
151.5
 
153.5
 
155.7
 
157.3
 
159.1
 
160.7
 
Crush
Mt
119.6
 
118.8
 
120.5
 
122.6
 
124.7
 
126.6
 
128.6
 
130.7
 
132.4
 
134.2
 
135.8
 
Closing stocks
Mt
9.3
 
8.3
 
9.0
 
9.6
 
9.9
 
10.1
 
10.1
 
10.0
 
9.7
 
9.4
 
9.4
 
Price 3
USD/t
444.7
 
400.5
 
409.0
 
391.6
 
391.0
 
401.9
 
412.5
 
407.2
 
411.8
 
422.3
 
433.1
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
83.8
 
82.7
 
84.3
 
85.4
 
86.5
 
87.5
 
88.6
 
89.7
 
90.6
 
91.8
 
92.8
 
Consumption
Mt
74.8
 
75.3
 
76.3
 
77.5
 
78.5
 
79.5
 
80.5
 
81.5
 
82.3
 
83.3
 
84.0
 
Crush
Mt
67.2
 
67.4
 
68.4
 
69.4
 
70.4
 
71.3
 
72.3
 
73.3
 
74.0
 
74.9
 
75.7
 
Closing stocks
Mt
7.0
 
6.9
 
7.6
 
8.1
 
8.4
 
8.6
 
8.6
 
8.4
 
8.1
 
7.8
 
7.8
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
60.7
 
60.9
 
61.6
 
62.6
 
63.3
 
64.2
 
64.9
 
65.8
 
66.5
 
67.1
 
67.9
 
Consumption
Mt
69.1
 
68.1
 
68.8
 
70.0
 
71.0
 
72.0
 
73.0
 
74.2
 
75.0
 
75.9
 
76.7
 
Crush
Mt
52.4
 
51.4
 
52.1
 
53.2
 
54.3
 
55.3
 
56.3
 
57.4
 
58.4
 
59.3
 
60.1
 
Closing stocks
Mt
2.3
 
1.4
 
1.4
 
1.5
 
1.5
 
1.5
 
1.5
 
1.6
 
1.6
 
1.6
 
1.6
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
58.2
 
56.0
 
57.0
 
57.4
 
57.9
 
58.3
 
58.6
 
59.1
 
59.3
 
59.8
 
60.2
 
Consumption
Mt
54.5
 
53.9
 
54.4
 
54.9
 
55.3
 
55.7
 
56.0
 
56.4
 
56.6
 
56.9
 
57.1
 
Crush
Mt
48.6
 
47.7
 
48.2
 
48.6
 
49.0
 
49.3
 
49.7
 
50.0
 
50.2
 
50.5
 
50.7
 
Closing stocks
Mt
5.8
 
5.5
 
6.2
 
6.6
 
6.8
 
7.0
 
7.0
 
6.7
 
6.4
 
6.1
 
6.0
 
PROTEIN MEALS
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
301.1
 
317.0
 
322.7
 
330.6
 
338.6
 
346.8
 
353.6
 
361.5
 
369.9
 
377.0
 
385.7
 
Consumption
Mt
298.0
 
316.9
 
322.9
 
330.6
 
338.5
 
346.5
 
353.6
 
361.2
 
369.6
 
376.8
 
385.6
 
Closing stocks
Mt
16.0
 
16.1
 
15.9
 
16.0
 
16.1
 
16.4
 
16.4
 
16.7
 
16.9
 
17.1
 
17.3
 
Price 4
USD/t
391.0
 
289.7
 
296.9
 
302.8
 
312.3
 
318.0
 
340.8
 
350.0
 
352.1
 
360.8
 
368.5
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
99.4
 
102.0
 
103.0
 
104.5
 
105.7
 
106.9
 
107.9
 
108.6
 
109.7
 
110.4
 
111.6
 
Consumption
Mt
114.6
 
118.9
 
119.4
 
120.9
 
122.5
 
123.7
 
124.3
 
125.2
 
126.4
 
127.0
 
128.3
 
Closing stocks
Mt
2.2
 
2.0
 
2.0
 
2.1
 
2.1
 
2.2
 
2.2
 
2.2
 
2.3
 
2.3
 
2.4
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
201.8
 
215.0
 
219.7
 
226.1
 
232.9
 
239.9
 
245.8
 
252.9
 
260.2
 
266.6
 
274.2
 
Consumption
Mt
183.4
 
198.0
 
203.4
 
209.7
 
216.1
 
222.8
 
229.3
 
236.0
 
243.2
 
249.9
 
257.2
 
Closing stocks
Mt
13.8
 
14.1
 
13.9
 
13.9
 
14.0
 
14.2
 
14.2
 
14.4
 
14.7
 
14.8
 
14.9
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
92.5
 
94.8
 
95.5
 
96.8
 
97.8
 
98.7
 
99.5
 
100.0
 
101.0
 
101.4
 
102.4
 
Consumption
Mt
119.2
 
123.2
 
123.8
 
125.3
 
126.7
 
127.9
 
128.5
 
129.5
 
130.9
 
131.6
 
133.2
 
Closing stocks
Mt
2.1
 
2.0
 
1.9
 
1.9
 
1.9
 
2.0
 
2.0
 
2.0
 
2.0
 
2.0
 
2.0
 
VEGETABLE OILS
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
174.1
 
180.5
 
184.2
 
188.5
 
192.7
 
197.1
 
201.2
 
205.6
 
210.1
 
214.3
 
218.9
 
of which palm oil
Mt
61.1
 
63.3
 
65.1
 
66.8
 
68.4
 
70.0
 
71.7
 
73.4
 
75.1
 
76.8
 
78.6
 
Consumption
Mt
173.4
 
181.0
 
184.1
 
187.8
 
192.1
 
196.7
 
200.7
 
204.9
 
209.4
 
213.8
 
218.3
 
Food
Mt
141.6
 
147.0
 
149.4
 
152.8
 
156.1
 
159.4
 
162.6
 
166.3
 
170.2
 
173.9
 
178.0
 
Biofuel
Mt
22.4
 
23.3
 
23.5
 
23.6
 
24.2
 
25.1
 
25.4
 
25.7
 
25.8
 
26.2
 
26.2
 
Exports
Mt
74.1
 
76.7
 
78.0
 
79.5
 
81.3
 
83.0
 
84.6
 
86.4
 
88.3
 
90.3
 
92.1
 
Closing stocks
Mt
23.7
 
22.5
 
22.7
 
23.3
 
23.9
 
24.3
 
24.8
 
25.5
 
26.2
 
26.7
 
27.2
 
Price 5
USD/t
782.2
 
736.5
 
759.8
 
761.9
 
777.2
 
806.0
 
826.6
 
826.5
 
821.1
 
830.3
 
834.3
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
44.0
 
44.8
 
45.2
 
45.8
 
46.4
 
47.0
 
47.5
 
48.0
 
48.6
 
49.1
 
49.7
 
Consumption
Mt
49.1
 
49.1
 
49.1
 
49.2
 
49.5
 
50.1
 
50.2
 
50.3
 
50.3
 
50.4
 
50.2
 
Closing stocks
Mt
3.9
 
3.9
 
3.9
 
3.9
 
3.9
 
3.9
 
4.0
 
4.0
 
4.1
 
4.0
 
4.1
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
130.1
 
135.8
 
139.0
 
142.7
 
146.4
 
150.1
 
153.7
 
157.6
 
161.5
 
165.2
 
169.2
 
Consumption
Mt
124.3
 
131.9
 
135.0
 
138.7
 
142.6
 
146.6
 
150.5
 
154.6
 
159.1
 
163.5
 
168.1
 
Closing stocks
Mt
19.8
 
18.6
 
18.8
 
19.4
 
20.0
 
20.3
 
20.8
 
21.4
 
22.1
 
22.6
 
23.1
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
36.5
 
36.9
 
37.1
 
37.5
 
37.8
 
38.1
 
38.4
 
38.6
 
39.0
 
39.2
 
39.5
 
Consumption
Mt
48.8
 
49.2
 
49.2
 
49.3
 
49.8
 
50.4
 
50.6
 
50.7
 
50.8
 
51.0
 
50.8
 
Closing stocks
Mt
3.3
 
3.3
 
3.3
 
3.3
 
3.3
 
3.3
 
3.4
 
3.4
 
3.4
 
3.4
 
3.5
 
Note: Average 2013-15est: Data for 2015 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Soybean, U.S., CIF Rotterdam.
2.
Excludes Iceland but includes all EU28 member countries.
3.
Rapeseed, Europe, CIF Hamburg.
4.
Weighted average protein meal, European port.
5.
Weighted average price of oilseed oils and palm oil, European port.
Source: OECD/FAO (2016), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en

 
 
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