Foreword. OECD-FAO Agricultural Outlook 2016-2025

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:

Commodity chapters (not available in full report)

Cereals

Oilseed s and Oilseed Products

Sugar

Meat

Dairy and Dairy Products

For more information, visit the web site.

Document

Part 1, Chapter 3. OECD-FAO Agricultural Outlook 2016-2025: Commodity snapshots 2016

Also available in:

French

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.