Slower output growth is expected to be a feature of agricultural production in both the developed and developing countries’ agriculture sectors in the coming decade.
Slower production growth : Global agricultural production for commodities covered in this Outlook is projected to grow at 1.5% annually, on average, compared to 2.1% in the previous decade. This slower growth is expected to be exhibited by all crop sectors and livestock production. These trends reflect rising costs, growing resource constraints, and increasing environmental pressures, which are anticipated to inhibit supply response in virtually all regions.Developing countries increase output :
Higher production growth is expected from emerging economies which have invested in their agricultural sectors and where existing technologies offer good potential for closing the yield gap with the advanced economies, although yield/supply variability may be higher. The share of production from developing countries continues to increase over the outlook period.
No comments:
Post a Comment