Global meat consumption will grow by 12 percent in the coming decade, with lower-cost poultry accounting for half of the increase, said the OECD and FAO on Thursday. Their jointly produced Agricultural Outlook report also said that aquaculture would overtake "capture fisheries" as the leading source of fish worldwide by 2024.
The 54 leading countries of the world spend roughly $700 billion a year on farm subsidies, equal to 12 percent of gross farm revenues, said the OECD on Tuesday. The average rate of producer support in OECD countries – the industrialized world – is more than double the rate in emerging and developing nations, mostly in Asia, Africa and South America, despite some "convergence" in the past two decades. (No paywall)
More than $500 billion is spent annually around the world on "often ineffective and trade-distorting support to farmers," says the Organization for Economic Cooperation and Development. In an annual report, the OECD said, "little progress has been seen this decade in reforming agricultural support policies."
One in five adults in the industrialized world is obese and nearly one in six children is overweight or obese, says a report by the Organization for Economic Cooperation and Development. The report also projects “a steady increase in obesity rates until at least 2030.”
The world nearly met its goal of halving hunger by 2015, but will miss its ambitious new goal of eradicating hunger by 2030 without decisive action to raise incomes, expand food production and alleviate income inequality, says a joint report of the OECD and FAO. The new edition of their Agricultural Outlook says the number of undernourished people in the world will drop to 636 million in 2025, compared to 799 million now.
In the four dozen major agricultural countries of the world, government support accounted for 18 percent of gross farm receipts, or an average $736 billion from 2012-14, says the Organization for Economic Cooperation and Development.
Brazil, second to the United States in food and agricultural exports, "is poised to become the foremost supplier in meeting additional global demand, mostly originating from Asia," says the OECD-FAO Agricultural Outlook 2015-2024.