OECD-FAO Agricultural Outlook 2005

For the first time, it has been prepared jointly by the OECD and Food and Agriculture Organisation of the United Nations (FAO), and thus draws on the commodity, policy and country expertise of both organisations. In this edition, the projections have been extended to cover a larger number of developing countries, including India and South Africa, in addition to Argentina, Brazil, China and Russia, and many more regions.

The projections presented in the report are based on specific assumptions regarding macroeconomic conditions, agricultural and trade policies and average weather conditions, and thus are one representative scenario for agricultural markets over the next decade.