OECD-FAO Agricultural Outlook 2016-2025 Commodity Snapshots: Cereals
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OECD/FAO ;
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Global cereal markets have been characterised over the past few years by abundant supplies amid slower demand growth. As a result, world inventories have increased and international prices of all cereals have fallen to relatively low levels compared to the previous decade. Even the decline in world cereal production in 2015, following the 2014 record harvest, could not reverse this downward pressure, leading to further declines in international prices during the 2015 marketing year (see glossary for a definition of marketing year). Given the early prospects in world cereal output for this season, weak demand and large inventories in 2016, global markets are likely to experience relatively low prices. Against this background, only radical or sudden changes in demand or supply are likely to alter the short-term outlook. </p> <P>Read the <a href="http://www.fao.org/3/a-i5851e.pdf"><i>Summary</i></a> of the report. </p><p>Access the <i>Outlook</I> chapter-by-chapter: <ul> <li><a href="http ://www.fao.org/3/a-BO095e.pdf ">Forward</a></li> <li><a href="http://www.fao.org/3/a-BO094e.pdf ">Acronyms and abbreviations</a></li> <li><a href="http://www.fao.org/3/a-BO096e.pdf">Executive summary</a></li> <li><a href="http://www.fao.org/3/a-BO091E.pdf">Chapter 1: Overview of the OECD-FAO Agricultural Outlook 2016-2025</a></li> <li><a href="http://www.fao.org/3/a-BO092E.pdf">Chapter 2: Agriculture in Sub-Saharan Africa: Prospects and challenges for the next decade </a></li> <li><a href="http: //www.fao.org/3/a-BO093E.pdf ">Chapter 3: Commodity snapshots</a></li> </ul> Commodity chapters (not available in full report) <li><a href="http://www.fao.org/3/a-BO097e.pdf">Cereals</a></li> <li><a href="http://www.fao.org/3/a-BO098e.pdf">Oilseeds and Oilseed Products</a></li> <li><a href="http://www.fao.org/3/a-BO099e.pdf">Sugar</a></li> <li><a href="http://www.fao.org/3/a-BO100e.pdf">Meat</a></li> <li><a href="http://www.fao.org/3/a-BO101e.pdf">Dairy and Dairy Products</a></li> <li><a href="h ttp://www.fao.org/3/a-BO102e.pdf">Fish and Seafood</a></li> <li><a href="http://www.fao.org/3/a-BO103e.pdf">Biofuels</a></li> <li><a href="http://www.fao.org/3/a-BO104e.pdf">Cotton</a></li> <li><a href="http://www.fao.org/3/a-BO105e.pdf">Statistical Annex</a></li> </p><p> For more information, visit the <a href="http://www.agri-outlook.org/">web site</a>. </p>