Oecd-fao Agricultural Outlook: 2014-2023 by Organization for Economic Cooperation and Development

By Organization for Economic Cooperation and Development

OECD’s annual records and projections for significant agricultural commodities. It analyses how worldwide and family forces are shaping agricultural markets over the subsequent decade and highlights many of the dangers and uncertainties which can impression the rural outlook. After providing a large evaluate of the placement and commencing the assumptions used, the file provides precise projections for creation, intake, exchange, shares, and costs for OECD nations in addition to chosen non-member international locations. Commodities lined contain cereals, oilseeds, sugar, meat, and dairy. for the reason that 2005, it's been released because the OECD/FAO Agricultural Outlook.

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Producers who elect to participate in the Agriculture Risk Coverage programme or the STAX programme are not eligible to purchase SCO coverage The 2014 Farm Act maintains strong overall funding for USDA conservation programmes and through consolidation reduces the number of programmes from 23 to 13. The Congressional Budget Office estimates that between 2014 and 2018, mandatory spending on USDA conservation programmes will decline by USD 200 million – less than 1% of the USD 28 billion (nominal USD) that would have been spent if the 2008 Farm Act had continued through 2018.

Greater livestock numbers will also be required in order to meet the demand for additional meat through the outlook period, resulting in growing environmental concerns. Significant scope remains for improved productivity in both meat and dairy production, particularly in developing regions, which will be key to the growth of a sustainable livestock sector. The cost of compliance to environmental regulations will also impact the regional concentration of livestock production. 38 OECD-FAO AGRICULTURAL OUTLOOK 2014 © OECD/FAO 2014 1.

Substantial population growth in Africa will drive significant increases in total consumption, however per capita consumption growth in the region remains marginal. In addition to increasing consumption levels, growing incomes and urbanisation also result in shifts in lifestyle habits and dietary structure, typically from a traditional cerealbased diet to a more protein-rich, diversified diet. Consumption trends also tend toward processed and prepared foods, widening the spread between farm gate and retail prices of food items.

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