Due to the increase in the world population, it is expected that there will be a greater demand for our global food system, which means that agricultural production will have to increase at a much faster rate to be able to supply food for all people, affecting, especially the agricultural sector.
According to the latest 2019-2028 Agricultural Perspectives report signed jointly by the Organization for Economic Cooperation and Development (OECD) and the UN Food and Agriculture Organization (FAO), it is expected that the price of food will decrease in the next decade.
At first glance it seems very good news for people with less resources, as many of the agricultural products will decrease their prices and will be more accessible but on the other hand, it will adversely affect farmers and our planet.
Although higher yield and increased production intensity are expected – thanks to innovative technological improvements – an increase in direct emissions of greenhouse gases is expected (an increase of 0.5% per year compared to the last 10 years). As a result, this will imply a decrease in carbon intensity. Not only that, but also other threats that adversely affect our planet are added, such as the spread of diseases from these crops, the growing resistance of antimicrobials, the abuse of fertilizers and pesticides, devastating climatic phenomena, social problems (changes in people’s nutrition, increased obesity, fewer jobs due to the implementation of new and modern agricultural technologies…) and political confrontations (new regulations, new laws, possible trade agreements, surplus…), etc.
Latin America and the Caribbean are expected to increase their share of food sales abroad from the current 23% to 25% in 2028, which places them as the largest exporting region.
The report predicts an increase in the levels of consumption of sugar and vegetable oils, which reflects the current trend towards ready-made and processed foods, especially in many low-income, medium-sized and fast-growing countries. Phenomena that in turn entail more overweight and obesity.