OECD-FAO Agricultural Outlook 2004

image of OECD-FAO Agricultural Outlook 2004

This tenth edition of the OECD Agricultural Outlook analyses how global and domestic forces are shaping agricultural markets to 2013.  It 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 Argentina, Brazil, China, and Russia. Commodities covered include cereals, oilseeds, sugar, meat, and dairy.  Two special chapters cover medium term market impacts of the 2003 EU Common Agricultural Policy reform and Indian agricultural policy challenges and market prospects.

English Also available in: French


Outlook in Brief

Broad-based income growth in both OECD and Non-member economies, moderate population growth and low inflation lead to higher per capita incomes and consumption gains world-wide. Consumption in the Non-member economies is expected to grow at rates much faster than those of the OECD area, especially for dairy products such as butter, cheese and whole milk powder as well as livestock products. Consumption gains for these products are faster than growth in population providing the potential to reduce malnutrition and hunger. In the mature markets of the OECD area, where ...

English Also available in: French

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