Urbanisation in developing countries will inflate demand for meat and processed foods to 2015, the Organisation for Economic Cooperation and Development (OECD) has predicted.
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In a new ‘Agricultural Outlook’ written with the UN’s Food and Agriculture Organisation (FAO), the OECD says “growing market opportunities in certain developing countries” (notably Brazil, China and India) will cause a “shift in production and export of farm commodities away from [developed] OECD countries and more towards other developing economies”.
This trend will “increase over the next ten years and as a result, global competition among exporters will get tougher”, said the report.
However, productivity growth in the poorest nations is not matching rising populations, so greater investment is needed there to avoid food scarcity. Meanwhile, the Ukraine and Kazakhstan will challenge Argentina, Australia, Canada, the European Union and the USA as wheat exporters. Average global yields for wheat and coarse grains, such as maize, should rise 1% annually 2006-2015.
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