This report presents a medium-term outlook for global agricultural markets, focusing on grains, oilseeds, meat, and dairy products. Authored by the Organisation for Economic Co-operation and Development (OECD), this publication utilizes a formal modeling framework that incorporates macroeconomic developments, agricultural policy assumptions, and the implications of the Uruguay Round Agreement. The first edition uniquely covers the six-year implementation period of this agreement, providing a consistent outlook that accounts for inherent uncertainties. Detailed projections for production, consumption, trade, and prices are presented through extensive graphics and tables to enhance clarity and understanding.

This report is regarded as a key reference for understanding global agricultural market trends during a critical period of trade agreement implementation. Its analytical framework and detailed projections provide valuable insights for policymakers, industry analysts, and researchers tracking the impact of the Uruguay Round on agricultural trade. The inclusion of extensive graphics and tables makes complex economic data accessible.