2024 Author: Jasmine Walkman | [email protected]. Last modified: 2023-12-16 08:29
Consumption of meat, cereals and vegetable oils will drop dramatically over the next decade, and demand for dairy products will increase, according to the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (ODA).
It is also assumed that the prices of agricultural products may fall so much that this will lead to mass protests around the world.
According to the latest statistics, the consumption of basic household products has fallen sharply in recent years, mainly due to China's slower economic growth.
Another trend will be that many farmers will reduce the production of biofuel crops and switch back to food.
At the moment, no new food crisis is forecast, as we suffered in 2007 and 2008, said Jose Angel Guria, the OECD Secretary-General.
When prices started to jump in 2007-2008, we did not know what was happening and speculation could do whatever it wanted, recalled the director general of the Food and Agriculture Organization Jose Grazianu da Silva.
However, due to the information available today, it can be believed that a second crisis can be avoided.
But the report says there will be changes in demand for staple foods, starting with cereals.
Along with them, a gradual reduction in meat consumption is expected, and in India and China, it will be completely discontinued.
On the other hand, the consumption of dairy products as a vegetarian source of protein will increase.
Food prices are also expected to be lower over the next decade, which could lead to mass protests by small farmers in 2016.
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