1887

OECD-FAO Agricultural Outlook 2017-2026

image of OECD-FAO Agricultural Outlook 2017-2026

Over the ten-year Outlook period, agricultural markets are projected to remain weak, with growth in China weakening and biofuel policies having less impact on markets than in the past. Future growth in crop production will be attained mostly by increasing yields, and growth in meat and dairy production from both higher animal stocks and improved yields. Agricultural trade is expected to grow more slowly, but remain less sensitive to weak economic conditions than other sectors. These demand, supply and trade pressures are all evident in Southeast Asia, where this report identifies scope to improve agricultural productivity sustainably. Real prices are expected to remain flat or decline for most commodities.

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From Chapter: Statistical Annex
.

Table A.9.2 - Soybean projections: Consumption, domestic crush

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OECD-FAO Agricultural Outlook 2017-2026 - © OECD 2017

‌A.9.2Soybean projections: Consumption, domestic crush
A.9.2Soybean projections: Consumption, domestic crush
  Marketing year
‌‌
CONSUMPTION (kt)
Growth (%) 4
DOMESTIC CRUSH (kt)
Growth (%) 4
Average
2014-16est
‌2026‌
‌2007-16‌
‌2017-26‌
Average
2014-16est
‌2026‌
‌2007-16‌
‌2017-26‌
WORLD
322 207
 
401 113
 
4.68
 
1.81
 
288 060
 
361 414
 
4.76
 
1.88
 
DEVELOPED COUNTRIES
86 707
 
97 079
 
2.08
 
1.09
 
77 679
 
88 195
 
1.83
 
1.18
 
NORTH AMERICA
58 814
 
65 321
 
1.73
 
1.04
 
53 464
 
60 041
 
1.31
 
1.10
 
Canada
2 479
 
2 542
 
5.10
 
0.92
 
1 853
 
2 014
 
4.69
 
0.86
 
United States
56 335
 
62 779
 
1.60
 
1.04
 
51 611
 
58 027
 
1.20
 
1.11
 
EUROPE
22 502
 
25 682
 
3.53
 
1.27
 
19 839
 
23 206
 
3.75
 
1.45
 
European Union
15 490
 
16 831
 
0.61
 
0.80
 
13 861
 
15 377
 
0.54
 
0.93
 
Russia
4 453
 
6 047
 
20.52
 
2.74
 
4 372
 
5 962
 
20.33
 
2.80
 
Ukraine
1 521
 
1 757
 
14.96
 
1.74
 
1 370
 
1 603
 
19.58
 
1.86
 
OCEANIA DEVELOPED
42
 
55
 
-3.72
 
1.10
 
37
 
50
 
-4.13
 
1.22
 
Australia
41
 
54
 
-3.79
 
1.13
 
36
 
49
 
-4.22
 
1.25
 
New Zealand
1
 
1
 
0.00
 
0.00
 
1
 
1
 
0.00
 
0.00
 
OTHER DEVELOPED 1
5 349
 
6 021
 
0.43
 
0.84
 
4 339
 
4 898
 
0.32
 
0.84
 
Japan
3 255
 
3 196
 
-3.02
 
-0.46
 
2 453
 
2 368
 
-3.51
 
-0.69
 
Kazakhstan
238
 
256
 
12.08
 
1.27
 
124
 
138
 
7.88
 
1.77
 
South Africa
1 081
 
1 767
 
17.33
 
3.82
 
990
 
1 597
 
17.35
 
3.73
 
DEVELOPING COUNTRIES
235 500
 
304 033
 
5.79
 
2.06
 
210 381
 
273 219
 
6.06
 
2.12
 
AFRICA
4 255
 
5 340
 
3.96
 
1.35
 
3 658
 
4 640
 
4.30
 
1.33
 
NORTH AFRICA
2 995
 
3 909
 
4.81
 
1.34
 
2 986
 
3 895
 
4.79
 
1.34
 
Algeria
310
 
456
 
25.36
 
3.32
 
308
 
451
 
25.32
 
3.34
 
Egypt
1 580
 
2 232
 
1.13
 
1.24
 
1 577
 
2 231
 
1.10
 
1.24
 
SUB-SAHARAN AFRICA
1 260
 
1 430
 
2.24
 
1.40
 
673
 
746
 
2.44
 
1.31
 
Ethiopia
86
 
128
 
23.33
 
3.04
 
52
 
85
 
24.49
 
3.50
 
Ghana
0
 
0
 
0.00
 
1.34
 
0
 
0
 
0.00
 
0.83
 
Mozambique
0
 
0
 
0.00
 
1.72
 
0
 
0
 
0.00
 
0.77
 
Nigeria
659
 
700
 
0.70
 
0.78
 
335
 
343
 
0.84
 
0.60
 
Tanzania
8
 
8
 
0.00
 
0.05
 
7
 
7
 
0.00
 
0.06
 
Zambia
18
 
18
 
0.00
 
0.03
 
12
 
12
 
0.00
 
0.04
 
LATIN AMERICA and CARIBBEAN
104 621
 
125 707
 
3.73
 
1.79
 
96 808
 
116 359
 
3.75
 
1.80
 
Argentina
45 341
 
53 619
 
3.75
 
2.02
 
44 343
 
52 571
 
3.84
 
2.06
 
Brazil
45 446
 
55 282
 
3.00
 
1.62
 
40 443
 
49 262
 
2.91
 
1.62
 
Chile
343
 
375
 
7.03
 
0.59
 
343
 
375
 
7.03
 
0.59
 
Colombia
823
 
992
 
7.16
 
1.04
 
820
 
986
 
7.25
 
1.04
 
Mexico
4 405
 
5 089
 
2.39
 
1.08
 
4 171
 
4 842
 
3.17
 
1.12
 
Paraguay
4 108
 
5 322
 
12.92
 
2.09
 
3 944
 
5 124
 
13.14
 
2.12
 
Peru
370
 
421
 
23.07
 
0.73
 
369
 
416
 
23.13
 
0.70
 
Uruguay
43
 
51
 
-5.51
 
1.03
 
40
 
48
 
-4.87
 
1.07
 
ASIA and PACIFIC
126 624
 
172 987
 
7.85
 
2.28
 
109 915
 
152 219
 
8.57
 
2.40
 
Bangladesh
977
 
1 485
 
25.17
 
3.17
 
954
 
1 441
 
27.86
 
3.24
 
China 2
97 145
 
132 953
 
9.09
 
2.44
 
83 579
 
116 163
 
10.14
 
2.58
 
India
8 563
 
12 190
 
-0.49
 
2.03
 
6 968
 
10 087
 
-1.94
 
2.08
 
Indonesia
3 233
 
4 146
 
5.81
 
2.04
 
2 448
 
3 258
 
7.37
 
2.34
 
Iran
1 787
 
2 367
 
6.25
 
1.18
 
1 780
 
2 356
 
6.47
 
1.18
 
Korea
1 480
 
1 611
 
1.25
 
0.51
 
1 044
 
1 149
 
1.57
 
0.56
 
Malaysia
657
 
792
 
2.15
 
0.67
 
657
 
792
 
2.16
 
0.67
 
Pakistan
1 149
 
2 322
 
25.67
 
1.99
 
1 149
 
2 322
 
25.74
 
1.99
 
Philippines
110
 
154
 
12.90
 
1.81
 
109
 
149
 
13.05
 
1.82
 
Saudi Arabia
500
 
511
 
715.86
 
0.22
 
500
 
511
 
857.23
 
0.22
 
Thailand
2 547
 
3 177
 
4.33
 
1.34
 
2 532
 
3 160
 
4.95
 
1.34
 
Turkey
2 422
 
3 458
 
8.04
 
2.75
 
2 348
 
3 271
 
8.06
 
2.81
 
Viet Nam
1 707
 
2 447
 
24.72
 
1.73
 
1 665
 
2 388
 
33.00
 
1.75
 
LEAST DEVELOPED COUNTRIES (LDC)
1 717
 
2 712
 
12.39
 
3.15
 
1 419
 
2 339
 
16.71
 
3.41
 
OECD 3
87 457
 
97 169
 
1.49
 
0.98
 
78 362
 
88 158
 
1.24
 
1.06
 
BRICS
156 688
 
208 241
 
6.57
 
2.21
 
136 352
 
183 071
 
6.93
 
2.30
 
Note: Marketing year: See Glossary of Terms for definitions.
Average 2014-16est: Data for 2016 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Includes Israel and also transition economies: Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Armenia, Azerbaijan and Georgia.
2.
Refers to mainland only. The economies of Chinese Taipei, Hong Kong (China) and Macau (China) are included in the Other Asia Pacific aggregate.
3.
Excludes Iceland but includes all EU28 member countries.
4.
Least-squares growth rate (see glossary).
Source: OECD/FAO (2017), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en

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