OECD-FAO Agricultural Outlook 2011

image of OECD-FAO Agricultural Outlook 2011

This is the seventeenth edition of the Agricultural Outlook and the seventh co-edition prepared jointly with the Food and Agriculture Organization of the United Nations (FAO). This report provides world market trends for biofuels, cereals, oilseeds, sugar, meats, dairy products and, for the first time, the fisheries sector over the 2011-20 period. This edition also includes an evaluation of recent developments, key issues and uncertainties in those commodity markets. The projections are the result of close co-operation with national experts in OECD and non-OECD countries. A jointly developed modelling system, based on the OECD’s AGLINK and on the FAO’s COSIMO models, facilitates consistency in the projections.  In the context of the G20 discussions on agriculture, a section of the report is devoted this year to the policy responses to price volatility.

English Also available in: French, Spanish


Oilseeds and oilseed products

The oilseeds complex has gone through a turbulent period characterised by considerable price swings and by prices trending upward compared to previous years. After the dramatic rise and subsequent drop seen in 2008, during 2009, prices embarked on a steady upward trend, reflecting a progressive tightening in global supplies, the resumption in demand growth (following the global economic crisis), and robust buying interest by main importing countries. Growing supply tightness relative to demand caused global stock-to-use ratios to fall below historic levels.

English Also available in: French, Spanish


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