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World Farm Commodity Prices Could Remain Flat For 10 Years: Annual Report | Business Standard News

by business-standard.com posted 1week ago 7 views
The report predicts that yield improvements and higher production intensity, driven by technological innovation. : Prices of global farm commodities may stay flat or even drop for the next 10 years as production outpaces demand, said a report on Monday as Indian farmers look to boost their income by increasing exports. The annual report of Organisation for Economic Co-operation and Development (OECD) and the UN’s Food and Agriculture Organization (FAO) was presented in Rome. It provides a consensus assessment of the 10-year prospects for agricultural and fish commodity markets at national, regional and global levels.

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