No slowdown in meat demand - OECD
01/08/2019
This will increase demand for animal feed, with feed crops such as maize and soybeans expected to increase their shares in the global crop mix.
Meat demand is expected to be “relatively strong” in the Americas but “constrained” in Sub-Saharan Africa.
The recently published OECD-FAO Agricultural Outlook 2019-2028 states that direct emissions of agriculture, mostly from livestock, as well as rice and synthetic fertilisers, are expected to grow by 0.5% per year over the coming decade, compared with 0.7% over the past 10 years. This indicates declining carbon intensity as productivity increases.
The report added: “World agricultural markets face a range of new uncertainties that add to the traditionally high risks facing agriculture.
"On the supply side, these include the spread of diseases such as African Swine Fever, growing resistance to antimicrobial substances, regulatory responses to new plant breeding techniques and responses to increasingly likely extreme climatic events.
"On the demand side, they include evolving diets, reflecting perceptions with respect to health and sustainability issues, and policy responses to alarming trends in obesity.
“A further factor is the heightened uncertainty with respect to future trading agreements between several important players on world agricultural markets. An escalation of ongoing trade tensions has the potential to reduce and redirect trade, with repercussions for international and domestic markets.”
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