1887

OECD-FAO Agricultural Outlook 2015

image of OECD-FAO Agricultural Outlook 2015

This edition of the Agricultural Outlook – the twenty-first OECD edition and the eleventh prepared jointly with the Food and Agriculture Organization of the United Nations (FAO) – provides projections to 2024 for major agricultural commodities, biofuels and fish. The 2015 report provides a special focus on prospects and challenges for Brazilian agriculture.

The market projections not only cover OECD member countries (European Union as a region) but also FAO member countries, notably Brazil, the Russian Federation, India, People's Republic of China and South Africa.

English French, Spanish, Chinese

From Chapter: Commodity snapshots
.

OECD-FAO Agricultural Outlook 2015 - © OECD 2015

‌3.A1.2World oilseed projections
3.A1.2World oilseed projections
  
‌‌
‌‌
Average
2012-14est
‌2015‌
‌2016‌
‌2017‌
‌2018‌
‌2019‌
‌2020‌
‌2021‌
‌2022‌
‌2023‌
‌2024‌
OILSEED (marketing year)
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
425.2
 
451.4
 
455.6
 
463.4
 
468.7
 
479.6
 
486.8
 
494.3
 
501.8
 
508.3
 
516.4
 
Area
Mha
196.0
 
201.8
 
201.8
 
203.1
 
203.4
 
205.8
 
207.0
 
208.3
 
209.4
 
210.2
 
211.4
 
Yield
t/ha
2.17
 
2.24
 
2.26
 
2.28
 
2.30
 
2.33
 
2.35
 
2.37
 
2.40
 
2.42
 
2.44
 
Consumption
Mt
428.4
 
450.7
 
459.4
 
466.4
 
470.8
 
478.9
 
486.3
 
494.1
 
501.3
 
508.3
 
515.7
 
Crush
Mt
368.3
 
389.7
 
397.7
 
404.8
 
408.9
 
416.4
 
422.9
 
430.2
 
437.0
 
443.5
 
450.6
 
Exports
Mt
120.7
 
138.3
 
142.0
 
144.1
 
145.8
 
147.6
 
150.2
 
152.0
 
154.2
 
155.8
 
157.4
 
Closing stocks
Mt
41.0
 
50.7
 
46.9
 
43.9
 
41.9
 
42.6
 
43.1
 
43.3
 
43.8
 
43.8
 
44.4
 
Price 1
USD/t
511.2
 
403.0
 
396.9
 
403.9
 
434.3
 
433.9
 
435.2
 
444.7
 
446.7
 
456.7
 
459.6
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
186.8
 
201.4
 
198.7
 
200.0
 
201.3
 
204.8
 
207.2
 
210.0
 
212.2
 
214.3
 
216.7
 
Consumption
Mt
149.0
 
155.7
 
156.9
 
158.2
 
158.1
 
160.0
 
161.4
 
163.3
 
164.8
 
166.1
 
167.5
 
Crush
Mt
134.7
 
140.7
 
142.0
 
143.3
 
143.3
 
145.2
 
146.5
 
148.3
 
149.7
 
151.0
 
152.3
 
Closing stocks
Mt
15.6
 
22.7
 
20.3
 
17.2
 
15.5
 
15.8
 
16.0
 
16.2
 
16.4
 
16.4
 
16.7
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
238.4
 
250.0
 
256.9
 
263.4
 
267.4
 
274.8
 
279.6
 
284.3
 
289.6
 
294.0
 
299.7
 
Consumption
Mt
279.5
 
295.0
 
302.5
 
308.2
 
312.7
 
318.9
 
324.9
 
330.8
 
336.5
 
342.1
 
348.2
 
Crush
Mt
233.6
 
248.9
 
255.7
 
261.5
 
265.7
 
271.2
 
276.4
 
281.9
 
287.3
 
292.5
 
298.3
 
Closing stocks
Mt
25.5
 
28.0
 
26.7
 
26.7
 
26.3
 
26.8
 
27.1
 
27.1
 
27.4
 
27.4
 
27.8
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
156.9
 
169.1
 
165.6
 
166.6
 
167.5
 
170.2
 
172.3
 
174.7
 
176.4
 
178.2
 
180.1
 
Consumption
Mt
131.3
 
136.6
 
137.4
 
138.6
 
138.5
 
140.0
 
141.2
 
142.9
 
144.2
 
145.3
 
146.4
 
Crush
Mt
118.2
 
123.1
 
124.0
 
125.2
 
125.2
 
126.8
 
127.9
 
129.4
 
130.7
 
131.8
 
132.9
 
Closing stocks
Mt
14.1
 
21.4
 
18.9
 
15.8
 
14.2
 
14.4
 
14.6
 
14.8
 
15.0
 
15.0
 
15.2
 
PROTEIN MEALS (marketing year)
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
289.2
 
305.9
 
312.1
 
317.7
 
321.2
 
327.0
 
332.3
 
338.2
 
343.8
 
349.1
 
354.8
 
Consumption
Mt
287.1
 
306.0
 
312.3
 
317.6
 
321.3
 
326.8
 
332.1
 
338.2
 
343.5
 
349.0
 
354.5
 
Closing stocks
Mt
17.0
 
17.3
 
17.1
 
17.1
 
17.0
 
17.3
 
17.5
 
17.6
 
17.9
 
18.0
 
18.3
 
Price 3
USD/t
453.1
 
354.1
 
356.4
 
354.4
 
375.0
 
378.4
 
379.8
 
396.2
 
398.0
 
408.7
 
411.1
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
93.7
 
98.0
 
98.9
 
99.7
 
99.6
 
100.8
 
101.8
 
103.2
 
104.2
 
105.3
 
106.2
 
Consumption
Mt
109.5
 
114.7
 
115.2
 
115.9
 
114.7
 
115.1
 
115.2
 
116.3
 
116.7
 
117.2
 
117.9
 
Closing stocks
Mt
1.8
 
1.9
 
1.9
 
1.9
 
1.9
 
1.9
 
1.9
 
1.9
 
2.0
 
2.0
 
2.0
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
195.4
 
207.9
 
213.3
 
218.0
 
221.5
 
226.2
 
230.5
 
235.1
 
239.5
 
243.9
 
248.6
 
Consumption
Mt
177.6
 
191.2
 
197.0
 
201.7
 
206.6
 
211.7
 
216.9
 
221.9
 
226.8
 
231.8
 
236.6
 
Closing stocks
Mt
15.2
 
15.4
 
15.2
 
15.2
 
15.1
 
15.4
 
15.6
 
15.6
 
15.9
 
16.0
 
16.3
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
87.2
 
90.4
 
91.3
 
92.0
 
91.9
 
92.9
 
93.8
 
95.0
 
96.0
 
96.9
 
97.8
 
Consumption
Mt
114.5
 
119.6
 
120.2
 
120.8
 
119.8
 
120.2
 
120.4
 
121.5
 
122.0
 
122.6
 
123.3
 
Closing stocks
Mt
2.0
 
2.1
 
2.1
 
2.1
 
2.0
 
2.1
 
2.1
 
2.1
 
2.1
 
2.1
 
2.1
 
VEGETABLE OILS (marketing year)
 
 
 
 
 
 
 
 
 
 
 
 
World
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
169.4
 
179.1
 
183.1
 
186.9
 
190.0
 
193.8
 
197.3
 
200.9
 
204.2
 
207.3
 
210.5
 
Of which palm oil
Mt
58.4
 
62.7
 
64.7
 
66.5
 
68.3
 
69.9
 
71.5
 
73.0
 
74.3
 
75.6
 
76.8
 
Consumption
Mt
167.5
 
178.8
 
183.1
 
186.7
 
190.0
 
193.5
 
197.2
 
200.7
 
204.0
 
207.2
 
210.4
 
Food
Mt
136.7
 
143.6
 
146.7
 
149.5
 
151.9
 
154.5
 
157.3
 
160.4
 
163.2
 
165.9
 
168.6
 
Biofuel
Mt
20.4
 
23.3
 
24.3
 
24.9
 
25.7
 
26.4
 
27.0
 
27.2
 
27.6
 
27.8
 
28.2
 
Exports
Mt
69.9
 
70.3
 
71.7
 
73.2
 
74.4
 
75.6
 
76.9
 
78.3
 
79.4
 
80.7
 
81.8
 
Closing stocks
Mt
23.1
 
23.8
 
23.9
 
24.1
 
24.0
 
24.4
 
24.5
 
24.8
 
24.9
 
25.1
 
25.2
 
Price 4
USD/t
902.6
 
698.1
 
726.9
 
725.9
 
754.0
 
773.3
 
784.5
 
796.0
 
809.3
 
822.9
 
839.4
 
Developed countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
43.0
 
44.3
 
44.5
 
44.9
 
44.9
 
45.5
 
45.9
 
46.3
 
46.8
 
47.1
 
47.4
 
Consumption
Mt
48.8
 
49.9
 
50.0
 
50.2
 
50.5
 
50.6
 
50.8
 
50.7
 
50.6
 
50.5
 
50.4
 
Closing stocks
Mt
3.3
 
3.5
 
3.6
 
3.6
 
3.6
 
3.5
 
3.5
 
3.5
 
3.5
 
3.5
 
3.5
 
Developing countries
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
126.4
 
134.8
 
138.6
 
142.0
 
145.0
 
148.4
 
151.5
 
154.5
 
157.4
 
160.2
 
163.1
 
Consumption
Mt
118.7
 
128.9
 
133.1
 
136.5
 
139.5
 
142.9
 
146.3
 
149.9
 
153.4
 
156.7
 
160.0
 
Closing stocks
Mt
19.8
 
20.4
 
20.3
 
20.4
 
20.5
 
20.8
 
21.0
 
21.2
 
21.4
 
21.6
 
21.7
 
OECD 2
 
 
 
 
 
 
 
 
 
 
 
 
Production
Mt
36.0
 
36.9
 
37.1
 
37.5
 
37.5
 
37.9
 
38.2
 
38.7
 
39.0
 
39.3
 
39.5
 
Consumption
Mt
48.0
 
49.1
 
49.2
 
49.4
 
49.6
 
49.7
 
49.9
 
49.8
 
49.6
 
49.6
 
49.5
 
Closing stocks
Mt
2.8
 
3.1
 
3.2
 
3.3
 
3.2
 
3.2
 
3.1
 
3.1
 
3.1
 
3.2
 
3.2
 
Note: Average 2012-14est: Data for 2014 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Weighted average oilseed price, European port.
2.
Excludes Iceland but includes all EU28 member countries.
3.
Weighted average protein meal, European port.
4.
Weighted average price of oilseed oils and palm oil, European port.
Source: OECD/FAO (2015), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en

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