OECD: Government Support to Agriculture Exceeded $950 Billion in 2025
OECD reports that government support to agriculture across Organisation for Economic Co-operation and Development countries surpassed $950 billion in 2025.
Key Takeaways:
- Support Increased: A 15% rise since 2023, totaling over $121 billion, reversing a long-term decline relative to production.
- Global Shocks: Agriculture faces more frequent and interconnected shocks, demanding predictable and forward-looking policies.
- Slowing Productivity: Agricultural productivity growth is slowing, and public investment in resilience and productivity systems is lagging.
- Consumer Costs: Support measures result in implicit taxes on consumers, estimated at $204 billion annually across covered countries in 2023-2025.
Report Highlights:
- Detailed Analysis: The Agricultural Policy Monitoring and Evaluation 2026 examines government responses to global shocks and proposes ways to make support more effective.
- Data-Driven Insights: Provides data and insights for businesses to make informed decisions regarding market performance and trends.
- Focus on Sustainability: Emphasizes the need for policies that promote long-term resilience, productivity, and sustainability in the agricultural sector.
Key Sections:
- Introduction: Importance of data-driven decisions for business growth.
- Executive Summary: Quick overview of market performance and key findings.
- Market Overview: Detailed historical and forecast data on market size, consumption by country, and trends.
- Product Diversification: Identifying new products for business diversification.
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