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Food Outlook - June 2008










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    Book (stand-alone)
    Food Outlook, June 2006 2006
    The recent months saw commodity markets as a whole becoming more volatile with a steady upward trend in prices. In agricultural markets, some important food and feed commodities gained on supply tightness and stronger demand while in the energy complex and metals, the tighter supply and demand balance resulted in a steep increase in prices. Amid political uncertainties and surging energy prices, agricultural markets over the past year have also had to confront abnormal incidences of natural disa sters, ranging from devastating hurricanes to fast spreading animal diseases. Based on current indications, several agricultural commodities are likely to experience still more unstable months ahead and, in most instances, the fundamentals point to even further gains in prices. This eventuality seems strongest for cereals, as world cereal demand is forecast to surpass its supply in the new season and push down stocks to an uncomfortably low level. For sugar, while a further surge in prices from the current high levels could be considered as less probable, the main risk remains the continuing price volatility. For the oilseed complex, as well as meat and dairy, fundamentals at this point in time do not support a tightening in the markets and the near-term price prospects are more on the downside instead. Against this background of mixed outlook but generally firm prices, FAO is forecasting an increase of over 2 percent in the world food import bill in 2006 compared to 2005. The increase is expected to be strongest for cereals and sugar but smallest for meat. Given their higher share as importers of food and feed, the developing countries’ bill is forecast to grow by 3.5 percent while that of the Low Income Food Deficit Countries is forecast to jump by nearly 7 percent.
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    Book (stand-alone)
    OECD-FAO Agricultural Outlook 2014-2023 2014
    The Agricultural Outlook, 2014-2023, is a collaborative effort of the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. It brings together the commodity, policy and country expertise of both organisations and input from collaborating member countries to provide an annual assessment of prospects for the coming decade of national, regional and global agricultural commodity markets. The special feature on India has b een prepared in collaboration with analysts associated with the National Council of Applied Economic Research (NCAER), the Department of Agriculture and Cooperation, the Ministry of Agriculture of the Government of India and the FAO Representation in India. However, OECD and FAO are responsible for the information and projections contained in this document, and the views expressed do not necessarily reflect those of Indian institutions. The baseline projection is not a forecast about the future, but rather a plausible scenario based on specific assumptions regarding the macroeconomic conditions, the agriculture and trade policy settings, weather conditions, longer term productivity trends and international market developments. The projections of production, consumption, stocks, trade and prices for the different agricultural products described and analysed in this report cover the years 2014 to 2023. The evolution of markets over the outlook period is typically described using annual g rowth rates or percentage changes for the final year 2023 relative to a three-year base period of 2011-13. The individual commodity projections are subject to critical examination by experts from national institutions in collaborating countries and international commodity organisations prior to their finalisation and publication in this report. The risks and uncertainties around the baseline projections are examined through a number of possible alternative scenarios and stochastic analysis, whic h illustrate how market outcomes may differ from the deterministic baseline projections. The fully documented outlook database, including historical data and projections, is available through the OECD-FAO joint internet site www.agri-outlook.org.
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    Book (series)
    Food Outlook – Biannual Report on Global Food Markets
    jun/21
    2021
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    Against the background of fast expanding trade and a surge in food import bills, which has come to characterise much of developments shaping global food markets in 2020/21, early forecasts for 2021/22 point to resilient food trade and a continuation of strong international prices amidst many supply and demand uncertainties. This report provides supply and demand forecasts for basic foodstuffs, fish and fishery products along with price analysis and policy information. The report’s special feature of this report puts recent trends in global food trade under the spotlight, with particular focus on how commodity flows have measured-up during the COVID-19 pandemic. Contrary to widespread predictions of a collapse in global markets, recent data show that trade continues to reach new heights. A novel metric is introduced that better captures the price momentum underway in international markets. Food Outlook is published by the Markets and Trade Division of FAO as part of the Global Information and Early Warning System (GIEWS). It is a biannual publication (November and June) focusing on developments in global food markets. Food Outlook maintains a close synergy with another major GIEWS publication, Crop Prospects and Food Situation, especially with regard to the coverage of cereals. Food Outlook is available in English. The summary section is also available in Arabic, Chinese, French, Russian and Spanish

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