The Agricultural Outlook is a collaborative effort of the Organisation for Economic Cooperation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations in Rome, bringing together commodity, policy and country expertise of both Organisations, and national government agencies to produce, with the aid of the Aglink-Cosimo model, a consensus view on a longer term assessment of global commodity markets. This assessment is not a forecast about the future, but rather a conditional scenario of what can be expected to happen under certain key assumptions concerning the macroeconomic environment over the coming ten years, and a continuation of current agricultural policy and trade settings around the world and specific external factors. The projections of production, consumption, stocks, trade and prices for the different agricultural products described and analysed in this report cover the years 2010 to 2019.
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