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To nourish the world population in 2050, we must increase food availability by 70 to 100%. This means that we need to engineer a shift towards policies that support innovation, productivity and sustainability and that provide farmers with the skills they need to grasp the opportunities of strong demand and high prices.
The agriculture and fisheries sectors can contribute to greener growth by increasing productivity in a sustainable manner, ensuring that well-functioning markets provide the right signals, and ensuring that prices reflect the scarcity value and environmental impacts of resource use.
Market thinness, where there are few buying or selling offers, can contribute to price volatility. Contrary to general assumptions, agricultural commodity markets have not become 'thinner', according to this study of trade in selected commodities from 1970 to 2010.
Low stocks to use ratios of recent years were one of the contributory factors to the grain price spike in 2007-08, says this paper on international stockholding arrangements with economic provisions for stabilising world agricultural commodity prices.
Recent years have witnessed a sharp increase in many commodity prices. This report examines the question of whether commodity price volatility has materially changed with the rapid run up in world prices in 2006-09, followed by an equally sharp decline in many commodity prices.
Ensuring stronger productivity growth is essential in responding to increased demand for agricultural products. This report looks at developments in productivity and competitiveness in the agricultural and food processing sectors, focusing on research and development (R&D).
No untargeted agricultural policy intervention is pro-poor within the rural economy, says this study of farm households in Bangladesh, Ghana, Guatemala, Malawi, Nicaragua and Vietnam using the new Development Policy Evaluation Model (DEVPEM).
OECD Trade and Agriculture Director Ken Ash speaks with Rose O'Donovan, editor of Agra Focus and Agra Facts, about agricultural productivity, reform of the European Union's Common Agricultural Policy (CAP) and ensuring global food security.
English, , 211kb
Agricultural risk management policies should focus on catastrophic risks, according to this overview. Managing normal risk should be the preserve of farmers themselves, not of government policy.
OECD is contributing actively to the establishment of AMIS, an agricultural market information system called for by G20 Agriculture Ministers with the aim of addressing food price volatility through more timely, accurate and transparent information on global food markets.