This is the 18th edition of the Agricultural Outlook and the eighth prepared jointly with the Food and Agriculture Organization of the United Nations (FAO). It brings together the commodity, policy and country expertise of both organisations, and input from collaborating member countries. The report provides world market trends for biofuels, cereals, oilseeds, sugar, meats, fish and dairy products over the 2012-2021 period and contains an evaluation of recent developments, and key issues and uncertainties in those commodity markets. A jointly-developed modelling system, based on the OECD’s AGLINK and on the FAO’s COSIMO models, facilitates consistency in the projections. This edition includes a special feature on the challenge of increasing agricultural productivity growth in a sustainable manner.

Acronyms and Abbreviations
The Outlook in Brief
Chapter 1. Overview of the OECD-FAO Agricultural Outlook 2012 .
-Introduction
-The setting – A large rebound in supplies to calm markets
-Summary of main market trends and developments
-Risks and uncertainties 
Chapter 2. Achieving Sustainable Agricultural Productivity Growth 
-Can supply keep up with rising demand?
-What are the land and water constraints for agriculture?
-What has been the performance in agricultural productivity growth?
-What is the potential for future partial and total factor productivity growth?
-What would be the impact of reducing the yield gap in developing countries?
-Why the need for sustainable agricultural productivity growth?
-What farm practices can increase sustainable agricultural productivity growth?
-Policy challenges
-Summary
-References
Chapter 3. Biofuels
-Market situation
-Projection highlights
-Market trends and prospects
-Main issues and uncertainties
-Annex 3.A1. US biofuel policy
-Annex 3.A2. Uncertainties around the implementation options of US biofuel policies: Results of the scenarios
Chapter 4. Cereals
-Market situation
-Projection highlights
-Market trends and prospects
-Main issues and uncertainties
-References
Chapter 5. Oilseeds and Oilseed Products
-Market situation
-Projection highlights
-Market trends and prospects
-Main issues and uncertainties
-References
Chapter 6. Sugar
-Market situation
-Projection highlights
-Market trends and prospects
-Main issues and uncertainties
Chapter 7. Meat
-Market situation
-Projection highlights
-Market trends and prospects
-Main issues and uncertainties
Chapter 8. Fish and Seafood
-Market situation
-Projection highlights
-Market trends and prospects
-Main issues and uncertainties
Chapter 9. Dairy
-Market situation
-Projection highlights
-Market trends and prospects
-Market issues and uncertainties
Glossary of Terms
Methodology
Statistical Annex