 Future Agricultural DynamicsLuc Nijs Chapter 18 in The Handbook of Global Agricultural Markets, 2014, pp 469-484 from Palgrave Macmillan Abstract: Abstract During the last few decades we have been experiencing production surpluses in the developed world and stagnating growth in the developing part of the world — most of it being the result of (intended) policies. It is the policy reforms combined with the economic growth in emerging economies that the world is now and has been experiencing which led to changing patterns in the demand/supply relationships for most agricultural commodities. It has turned the agricultural industry into a market-driven environment ready to accept investments. This has also led to an increase in agricultural trade relations and volumes — a phenomenon the developing nations of the world have been benefiting from most. Despite the technology improvements in the industry, it is likely to experience a decline of productivity in the short to medium term. Although projections conclude that supply should keep track of increasing global demand, the margin is minimal, and therefore it is to be expected that agricultural prices will stay relatively high. Keywords: Agricultural Commodity; World Market Price; Protein Meal; Meat Price; Capture Fishery (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30234-2_18 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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