Agricultural Commodity Outlook 2012-13

来源 :BIT`s 2nd Low Carbon Earth Summit-2012 2012第二届低碳科技大会 | 被引量 : 0次 | 上传用户:erbin517
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  Most of the recent growth in world biofuel production relied on a few key agriculture commodities, namely corn, soybeans, canola-rapeseed, palm oil and sugar.In 2011-12, consumption of grains and oilseeds in the biofuel sector is estimated at 150 Mt, up from less than 20 Mt ten years ago.This growth along with growing world demand for food, combined with production problems in several key growing areas, resulted in a sharp rise in world prices and price volatility.For example, the average yearly price of US com rose from US $1.97 a bushel in 2001-02 to an estimated average of US $6.25 a bushel in 2011 12 and is projected to average US$8.20 a bushel for 2012-13.Simultaneously, world production and consumption of grains, oilseed, sugar and cassava (GOSC) increased by 40% over the past twenty years to an estimated 3.1 billion tonnes for 2012 13.Looking forward, one of the key challenges facing agriculture is how to increase production to keep up with the expected growth in world demand for food and for biofuels.This presentation consists of three segments.The first puts recent events in the world GOSC sector into perspective while the second section provides a situation and outlook for the various grains, oilseeds, sugar and cassava that make up the GOSC complex.The third segment provides an introductory outlook to 2050 to examine the growth of consumption, production and the importance of volatility as the world faces the challenge of providing sufficient food and fuel for 9 billion people.
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