Agricultural Outlook produced by OECD and FAO – Special focus on India
11 July 2014, Rome - The recent fall in prices of major crops is expected to continue over the next two years before stabilising at levels above the pre-2008 period. These prices, however, will remain below recent peaks. This is according to the latest Agricultural Outlook produced by the OECD and FAO. Demand for agricultural products is also expected to remain firm while expanding at lower rates than in the past decade. Cereals are still at the core of what people eat, but diets are becoming higher in protein, fats and sugar in many parts of the world as incomes rise and urbanisation increases.
(00:00) José Graziano da Silva, FAO Director-General; (06:29) José Ángel Gurría, OECD Secretary-General; (20:41) Vimlendra Sharan, Minister (Agricultural Affairs), Alternate Permanent Representative of India to FAO.
Holger Matthey is an Economist with FAO in Rome. In the following interview he elaborates more on the report and highlights a few issues that stand out.
Questions and answers from the press conference.
Produced by: Sandra Ferrari