OECD‑FAO Agricultural Outlook 2018‑2027

  • 03/07/2018
  • FAO

Global agricultural production is growing steadily across most commodities, reaching record levels in 2017 for most cereals, meat types, dairy products and fish, while cereal stock levels have climbed to all-time highs, according to an annual report from the Organisation for Economic Cooperation and Development and the UN's Food and Agriculture Organization. The report stresses that agricultural trade plays an important role in promoting food security, underscoring the need for an enabling trade policy environment. OECD-FAO Agricultural Outlook 2018-2027 sees weakening growth in global demand for agricultural commodities and food, while anticipating continuing productivity improvements in the sector. As a result prices of main agricultural commodities are expected to remain low for the coming decade.

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