Agricultural Trends and Issues to 2001

Observer 205, April/May 1997
The OECD’s annual projections of developments on global agricultural markets suggest three major trends between now and the year 2001: a general recovery in agricultural commodity prices by the turn of the century; a reduction in government stocks of grain – and thus, perhaps, more price variability; a continuous shift in trade from raw materials to processed products – and a re-distribution of market shares in favour of countries with market-orientated agricultural sectors.
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Economic data

GDP growth: +0.2% Q4 2019
Consumer price inflation: 2.3% January 2020
Trade (G20): -0.1% exp, -1.3% imp, Q4 2019
Unemployment: 5.1% January 2020
Last update: 11 March 2020

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