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OECD-FAO Agricultural Outlook 2014

image of OECD-FAO Agricultural Outlook 2014

This twentieth edition of the Agricultural Outlook, and the tenth prepared jointly with the UN Food and Agriculture Organization (FAO), provides market projections to 2023 for major agricultural commodities, biofuels and fish across 41 countries and 12 regions: OECD member countries (European Union as a region), key non-OECD agricultural producers (such as India, China, Brazil, Russian Federation and Argentina) and groups of smaller non-OECD economies in a more aggregated form. This edition includes a special focus on India.

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Oilseeds and oilseed products

This chapter describes the market situation and the latest set of quantitative medium-term projections for global and national oilseed, protein meal and vegetable oil markets for the ten-year period, 2014-23. The discussion covers the developments expected in world and national prices, production, use (human consumption, industrial and feed use), trade (imports and exports) and stocks. The quantitative projections are developed with the aid of the partial equilibrium Aglink-Cosimo model of world agriculture. The chapter also includes a box that explains policy options for biofuel in Indonesia. It concludes with a discussion of main issues and uncertainties concerning the medium-term outlook for oilseeds. These include biodiesel policies, and specific market developments influencing production, consumption and trade of oilseeds and oilseed products.

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