Global demand for agricultural products is projected to grow by 15 percent over the coming decade, while agricultural productivity growth is expected to increase slightly faster, causing inflation-adjusted prices of the major agricultural commodities to remain at or below their current levels, according to an annual report by the Organisation for Economic Co-operation and Development and the UN's Food and Agriculture Organization.
This year's edition of the OECD-FAO Agriculture Outlook, provides a consensus assessment of the 10-year prospects for agricultural and fish commodity markets at national, regional and global levels.