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Global agricultural production is expected to grow 1.5% a year on average over the coming decade, compared with annual growth of 2.1% between 2003 and 2012, according to the OECD and FAO in their latest annual joint report on market trends for agricultural commodities.
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Early indications for world wheat, maize and rice production in 2013 point to record levels and an overall increase in supplies in the new 2013/14 marketing season.
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A high-level panel organised by OECD at the Global Forum for Food and Agriculture in Berlin heard how private investment in food and agriculture is crucial to food security and rural development.
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OECD-FAO Agricultural Outlook 2013-2022This annual report assesses agricultural market trends and prospects for production, consumption, trade, stocks, and prices of key agricultural commodities – biofuels, cereals, dairy, fish, oilseeds, meat and sugar. The report covers OECD member countries, major economies such as India, China, Russia, Brazil and Argentina, and developing regions in Africa and Asia. The publication is complemented by an online database that includes historical data back to 1970 where available and projections for the forthcoming decade. |
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