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OECD-FAO Agricultural Outlook 2013

image of 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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Foreword

The Agricultural Outlook 2013-2022 is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings together the commodity, policy and country expertise of both organisations and input from collaborating member countries to provide an annual assessment of prospects for the coming decade of national, regional and global agricultural commodity markets. This year’s edition contains for the first time a chapter on world cotton markets. has been prepared with assistance from the Agricultural Information Institute (AII) of the Chinese Academy of Agricultural Sciences and the Ministry of Agriculture (MoA) of the Government of China. However, responsibility for the information and projections contained in this document remain those of the OECD and FAO, and do not necessarily reflect the views of the AII or of the MoA.

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