OECD-FAO Agricultural Outlook 2009 - OECD 2009 - ISBN 9789264011441

Chapter 1 Figure 1.1. Nominal commodity prices projected 15%-60% higher than 1997-2006 but substantially lower than in the 2007-08 peak Version 1 - Last updated: 01-Jul-2009

Figure 1.1. Nominal commodity prices projected 15%-60% higher than 1997-2006 but substantially lower than in the 2007-08 peak
Prices, nominal

180 160

Per cent change relative to 1997-2006 average

140 120
100 80

60 40
20 0 Wheat Coarse grains Rice Oilseed Oilmeal Veget. Oil Raw sugar Beef Pigmeat (pacific) (pacific) Butter Cheese SMP Crude oil

Average 2007-08

Average 2009-18

nominal

Average 2007-08 2009-18 Average Wheat 106.4 46.5 Coarse grains 87.7 59.1 Rice 137.6 57.4 Oilseed 89.4 45.2 Oilmeal 90.3 31.8 Veget. Oil 101.7 72.8 Raw sugar 35.6 43.9 Beef (pacific) 23.9 21.0 Pigmeat (pacific) 8.3 14.7 Butter 116.1 48.0 Cheese 101.7 34.6 SMP 112.4 30.7 Crude oil 173.5 96.4