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2015 Agricultural Monitoring and Evaluation Data Brazil July 2015
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This edition of the Agricultural Outlook – the twenty-first OECD edition and the eleventh prepared jointly with the Food and Agriculture Organization of the United Nations (FAO) – provides projections to 2024 for major agricultural commodities, biofuels and fish. The 2015 report provides a special focus on prospects and challenges for Brazilian agriculture.
The market projections not only cover OECD member countries
Strong crop yields, higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the coming decade, but nonetheless, prices will likely remain at levels above those in the early-2000s, according to the latest Agricultural Outlook report produced by the OECD and FAO.
Overall, this year’s Outlook provides further evidence that markets are returning to more “normal” conditions after a period of unusually high and volatile prices. This year’s report also contains a special focus on Brazil, the world’s second largest supplier of agricultural products and the foremost exporter in meeting additional global demand.
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Japan has the potential to grow its agricultural sector, including by producing high-value products that reflect the country’s growing reputation for sophisticated, healthy, and high-quality food. To assure the long-term health of Japan’s food and agriculture system, it is critical to increase its capacity to respond to market demands.
As the demand for food increases, agriculture will continue to attract investment and new actors may be confronted with ethical dilemmas and find it difficult to implement responsible business conduct in their practices. In this context the OECD and the FAO are working together to develop due diligence guidance to help enterprises observe existing widely-supported standards for RBC along agricultural supply chains.
June 2015 agriculture newsletter from the Trade and Agriculture Directorate (OECD) featuring the latest work on issues in agricultural trade policy, green growth, fisheries and aquaculture and country reviews of Colombia and Switzerland