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DocumentPart 1, Chapter 1: Overview of the OECD-FAO Agricultural Outlook 2016-2025 2016
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This chapter provides an overview of the latest set of quantitative medium-term projections for global and national agricultural markets. The projections cover production, consumption, stocks, trade and prices for 25 agricultural products for the period 2016 to 2025. The chapter starts with a description of the state of agricultural markets in 2015 and explains the main macroeconomic and policy assumptions underlying the projections. In the next sections, consumption and production trends are ex amined, with a focus on regional developments. The chapter also reviews trade patterns showing the relative concentration of exports and dispersion of imports across countries for different commodities. The chapter concludes with global agricultural price projections, which include a stochastic analysis to illustrate how uncertainty about the macroeconomic environment and yield levels might affect price projections. Growing demand for agricultural commodities is projected to be matched by effici ency gains in production which will keep real agricultural prices relatively flat.Read the Summary of the report.
Access the Outlook chapter-by-chapter:
- Forward
- Acronyms and abbreviations
- Executive summary
- Chapter 1: Overview of the OECD-FAO Agricultural Outlook 2016-2025
- Chapter 2: Agriculture in Sub-Saharan Africa: Prospects and challenges for the next decade
- Chapter 3: Commodity snapshots
- Cereals
- Oilseed s and Oilseed Products
- Sugar
- Meat
- Dairy and Dairy Products
- Fish and Seafood
- Biofuels
- Cotton
- Statistic al Annex
For more information, visit the web site.
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DocumentPart 1, Chapter 3. OECD-FAO Agricultural Outlook 2016-2025: Commodity snapshots 2016
Also available in:
This chapter describes the market situation and highlights of the latest set of quantitative medium-term projections for world and national agricultural markets, for the ten-year period 2016-25. It provides information on prices, production, consumption, trade and main uncertainties for cereals, oilseeds, sugar, meat, dairy products, fish, biofuels and cotton. The quantitative projections are developed with the aid of the partial equilibrium Aglink-Cosimo model of world agriculture. The printed version of this chapter only includes the projection highlights for each commodity whereas further details and an extensive statistical annex are available on line.Read the Summary of the report.
Access the Outlook chapter-by-chapter:
- Forward
- Acronyms and abbreviations
- Executive summary
- Chapter 1: Overview of the OECD-FAO Agricultural Outlook 2016-2025
- Chapter 2: Agriculture in Sub-Saharan Africa: Prospects and challenges for the next decade
- Chapter 3: Commodity snapshots
- Cereals
- Oilseeds and Oilseed Products
- Sugar
- Meat
- Dairy and Dairy Products
- Fish and Seafood
- Biofuels
- Cotton
- Statistical Annex
For more information, visit the web site.
-
DocumentOECD-FAO Agricultural Outlook 2016-2025 Commodity Snapshots: Cereals 2016
Also available in:
Global cereal markets have been characterised over the past few years by abundant supplies amid slower demand growth. As a result, world inventories have increased and international prices of all cereals have fallen to relatively low levels compared to the previous decade. Even the decline in world cereal production in 2015, following the 2014 record harvest, could not reverse this downward pressure, leading to further declines in international prices during the 2015 marketing year (see glossary for a definition of marketing year). Given the early prospects in world cereal output for this season, weak demand and large inventories in 2016, global markets are likely to experience relatively low prices. Against this background, only radical or sudden changes in demand or supply are likely to alter the short-term outlook.Read the Summary of the report.
Access the Outlook chapter-by-chapter:
- Forward
- Acronyms and abbreviations
- Executive summary
- Chapter 1: Overview of the OECD-FAO Agricultural Outlook 2016-2025
- Chapter 2: Agriculture in Sub-Saharan Africa: Prospects and challenges for the next decade
- Chapter 3: Commodity snapshots
- Cereals
- Oilseeds and Oilseed Products
- Sugar
- Meat
- Dairy and Dairy Products
- Fish and Seafood
- Biofuels
- Cotton
- Statistical Annex
For more information, visit the web site.
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