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OECD-FAO Agricultural Outlook 2008-2017

• The Outlook in Brief • Chapter 1. Overview • Chapter 2. Are High Prices here to Stay? • Annex A. Statistical Tables



The OECD is a unique forum where the governmentsof 30 democracies work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can comparepolicy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies. The OECD member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, theSlovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The Commission of the European Communities takes part in the work of the OECD. OECD Publishing disseminates widely the results of the Organisation’s statistics gathering and research on economic, social and environmental issues, as well as the conventions, guidelines and standards agreed by its members.This work is published under the responsibilities of the Secretary-General of the OECD and the Director General of FAO. The views expressed and conclusions reached in this report do not necessarily correspond to those of the governments of OECD member countries, or the governments of the FAO member countries. The designations employed and the presentation of material in this information product donot imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries.

Also available in French under the title: Perspectives agricoles de l’OCDE et de la FAO 2008-2017Corrigenda to OECD publications may be found on line at:

© OECD/FAO 2008
OECD freely authorises the use, including the photocopy, of this material for private, non-commercial purposes. Permission to photocopy portions of this material for any public use or commercial purpose may be obtained from the Copyright Clearance Center (CCC) at orthe Centre français d'exploitation du droit de copie (CFC) All copies must retain the copyright and other proprietary notices in their original forms. All requests for other public or commercial uses of this material or for translation rights should be submitted to




his is the fourth time that the Agricultural Outlook report hasbeen prepared jointly by the

Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations. The report draws on the commodity, policy and country expertise of both Organisations in providing a longer-term assessment of future prospects in the major world agricultural commodity markets. The report is published annually, aspart of a continuing effort to promote informed discussion of emerging market and policy issues. This edition of the Agricultural Outlook offers an assessment of agricultural markets covering cereals, oilseeds, sugar, meats, milk and dairy products over the period 2008 to 2017. For the first time, it also includes an analysis of and projections for global biofuel markets for bioethanol and...
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