# Aquafeed.com |
   

   
    Global agricultural production projected to increase by 1.1% per year over the next decade

> The OECD-FAO Agricultural Outlook 2022-2031 projects global agricultural production to grow 1.1% per year over the next decade. It forecasts slower aquaculture growth, lower fishmeal and fish oil prices, and rising cereal and soybean output, while noting the ongoing effects of the Ukraine war on food supply.

- Date: 2022-08-10 · published 2022-08-10T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40109-aquafeed-com-global-agricultural-production-projected-to-increase-by-1-1-per
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A medium-term forecast of higher soybean and cereal output and lower fishmeal prices points to ample protein and energy supply for feed buyers over the decade.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-12-24 | [Increasing global production of oilseeds - Benison Media](https://feedsoft.ai/events/73614-increasing-global-production-of-oilseeds-benison-media.md) | -0.2% | +6.7% |
| SOY | 2019-03-18 | [USDA Agricultural Projections to 2028- Focus on Corn, Soybeans - Farm Policy News](https://feedsoft.ai/events/60114-usda-agricultural-projections-to-2028-focus-on-corn-soybeans-farm-policy-news.md) | -0.6% | -1.5% |
| SOY | 2024-05-14 | [Global soybean production poised for record growth \| Agriculture Dive](https://feedsoft.ai/events/30294-global-soybean-production-poised-for-record-growth-agriculture-dive.md) | +3.5% | -2.3% |
| SOY | 2020-06-15 | [The forecast increase in soybean production will increase pressure on oilseed prices in the new season](https://feedsoft.ai/events/52737-the-forecast-increase-in-soybean-production-will-increase-pressure-on-oilseed.md) | +0.6% | +0.6% |
| SOY | 2023-02-09 | [Declining Crop Prices, Rising Production and Exports Highlight U.S. Agricultural Projections to 2032 \| Economic Research Service](https://feedsoft.ai/events/13299-declining-crop-prices-rising-production-and-exports-highlight-u-s-agricultural.md) | +0.4% | +0.0% |
| CORN | 2024-09-17 | [Global coarse grain production declines \| Feed & Grain](https://feedsoft.ai/events/28364-global-coarse-grain-production-declines-feed-and-grain.md) | -0.7% | -1.3% |
| CORN | 2023-02-16 | [USDA Agricultural Projections to 2032- Focus on Corn, Soybeans - Farm Policy News](https://feedsoft.ai/events/15335-usda-agricultural-projections-to-2032-focus-on-corn-soybeans-farm-policy-news.md) | -0.4% | -4.9% |
| CORN | 2019-03-18 | [USDA Agricultural Projections to 2028- Focus on Corn, Soybeans - Farm Policy News](https://feedsoft.ai/events/60114-usda-agricultural-projections-to-2028-focus-on-corn-soybeans-farm-policy-news.md) | +2.6% | -3.5% |

## Sources

- aquafeed.com: https://www.aquafeed.com/commodities/commodity-news/global-agricultural-production-projected-to-increase-by-11-per-year-over-the-next-decade/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.