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Brazil to be the most important country to fulfill global food demand
Jul. 3, 2015
Brazilian agricultural growth is projected to be driven by continued improvements in productivity, with higher crop yields, some conversion of pasture to cropland and more intensive livestock production, according to the report “OECD-FAO Agricultural Outlook 2015-2024” published by OECD/FAO. Structural reforms and a reorientation of support towards productivity enhancing investments, for example in infrastructure, could foster these opportunities, as could trade agreements that improve access to foreign markets.
Brazil is poised to capture most of the trade expansion to be generated by import demand growth, particularly from Asia.
Brazil has made outstanding progress in eliminating hunger and reducing poverty. Prospects for further reductions in poverty through agricultural development are growing, for producers of some food crops as well as producers of higher-value products such as coffee, horticulture and tropical fruits.
The Outlook suggests that Brazil’s projected agricultural growth can be achieved sustainably. While additional supply will continue to come more from productivity gains than area increases, pressure on natural resources can be alleviated by environmental and conservation initiatives, including support for sustainable cultivation practices, the conversion of natural and degraded cropland to pasture, and the integration of crop and livestock systems.
Source: OECD
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