OECD-FAO Agricultural Outlook 2006
This twelfth edition of the annual Agricultural Outlook - and the second prepared jointly with the FAO - provides an assessment of agricultural market prospects based on projections that extend to 2015 for production, consumption, trade, stocks and prices of mainly temperate zone agricultural commodities. These projections are based on specific assumptions regarding global macroeconomic conditions, population growth, national agricultural and trade policies, production technologies, and weather conditions. It shows how these markets are influenced by economic developments and government policies and highlights some of the risks and uncertainties that may influence market outcomes. In addition to OECD countries, the market projections in the report cover a large number of other countries and regions including the agricultural giants of India, China, Brazil and Russia as well as Argentina, South Africa and several least developed countries.
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Sugar
World market indicator prices for sugar have surged to their highest levels in a quarter century during the 2005/06 marketing year, with raw sugar prices rising to over USD 19 cents/lb (USD 418.9/t) and white sugar prices to nearly USD 21 cents/lb (USD 463/t) in February 2006, after trading below USD 10 cents/lb for much of the last decade.
Also available in: French
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