ACP | African Caribbean and Pacific countries |
AI | Avian Influenza |
AEU | Additional ethanol use |
AMIS | Agricultural Market Information System |
AMR | Antimicrobial resistance |
ARC | Agricultural Risk Coverage (US Farm Bill Instrument) |
ASF | African Swine Fever |
bln | Billion |
bln L | Billion litres |
BRIC | Emerging economies of Brazil, Russian Federation, India and China |
BRICS | Emerging economies of Brazil, Russian Federation, India, China and South Africa |
BRIICS | Emerging economies of Brazil, Russian Federation, India, Indonesia, China and South Africa |
bln t | Billion tonnes |
CAP | Common Agricultural Policy (European Union) |
CFP | Common Fisheries Policy (European Union) |
CETA | Comprehensive Economic and Trade Agreement |
ChAFTA | China-Australia Free Trade Agreement |
CIF | Cost, insurance and freight |
CIS | Commonwealth of Independent States |
CPI | Consumer Price Index |
CPIF | Consumer Price Index for Food |
CPTPP | Trans-Pacific Partnership |
CRP | Conservation Reserve Program (United States) |
cts/lb | Cents per pound |
CVD | Countervailing duty |
c.w.e. | Carcass weight equivalent |
DDGs | Dried Distiller’s Grains |
dw | Dry weight |
dwt | Dressed weight |
EBA | Everything-But-Arms Initiative (European Union) |
EISA | Energy Independence and Security Act of 2007 (United States) |
El Niño | Climatic condition associated with the temperature of major sea currents |
EMEs | Emerging Market Economies |
EPA | US Environmental Protection Agency |
EPAs | Economic Partnership Agreements |
ERS | Economic Research Service of the US Department for Agriculture |
ESCWA | United Nations Economic and Social Commission for Western Asia |
est | Estimate |
EU | European Union |
EU15 | Fifteen member states that joined the European Union before 2004 |
EU28 | Twenty eight member states of the European Union |
FAO | Food and Agriculture Organization of the United Nations |
FDP | Fresh dairy products |
FDI | Foreign direct investment |
FFV | Flex-fuel Vehicles |
FOB | Free on board (export price) |
FMD | Foot and Mouth Disease |
FTA | Free Trade Agreement |
G-20 | Group of 20 important developed and developing economies (see Glossary) |
GCC | Gulf Co-operation Council |
GDP | Gross domestic product |
GDPD | Gross domestic product deflator |
GHG | Greenhouse gas |
GIEWS | Global Information and Early Warning System on Food and Agriculture |
GM | Genetically modified |
GVCs | Global value chains |
ha | Hectares |
HFCS | High fructose corn syrup |
hl | Hectolitre |
IEA | International Energy Agency |
IFA | International Fertilizer Association |
IFAD | International Fund for Agricultural Development |
IFPRI | International Food Policy Research Institute |
IGC | International Grains Council |
ILUC | Indirect Land Use Change |
IMF | International Monetary Fund |
IPCC | Intergovernmental Panel on Climate Change |
IUU | Illegal, unreported and unregulated (fishing) |
kg | Kilogrammes |
kha | Thousand hectares |
kt | Thousand tonnes |
La Niña | Climatic condition part of El Niño-Southern Oscillation (see Glossary) |
LAC | Latin America and the Caribbean |
lb | Pound (weight) |
LDCs | Least Developed Countries |
LED | Light-emitting diode |
lw | Live weight |
MBM | Meat and bone meal |
MDGs | Millennium Development Goals |
MENA | Middle East and North Africa |
MERCOSUR | Mercado Común del Sur / Common Market of South America |
MFA | Multi-fibre Arrangement |
Mha | Million hectares |
Mn | Million |
Mn L | Million litres |
MPS | Market Price Support |
Mt | Million tonnes |
NAFTA | North American Free Trade Agreement |
NCDs | Non-communicable diseases |
NRA | Nominal rate of assistance |
OECD | Organisation for Economic Co-operation and Development |
OIE | World Organisation for Animal Health |
OLS | Ordinary Least Squares |
OPEC | Organization of Petroleum Exporting Countries |
p.a. | Per annum |
PCE | Private consumption expenditure |
PEDv | Porcine Epidemic Diarrhoea virus |
PLC | Price Loss Coverage (US Farm Bill instrument) |
PoU | Prevalence of Undernourishment |
PPI | Producer Price Index |
PPP | Purchasing power parity |
PSE | Producer Support Estimate |
R&D | Research and development |
RED | Renewable Energy Directive in the European Union |
RFS / RFS2 | Renewable Fuels Standard in the United States, part of the Energy Policy Act |
RIN | Renewable Identification Numbers prices |
rse | Raw sugar equivalent |
RTA | Regional Trade Agreements |
r.t.c. | Ready to cook |
r.w.e. | Retail weight equivalent |
SDG | Sustainable Development Goals |
SFP | Single Farm Payment (European Union) |
SMP | Skim milk powder |
SPS | Single payment scheme (European Union) |
SSA | Sub-Saharan Africa |
SSR | Self-sufficiency Ratio |
t | Tonnes |
t/ha | Tonnes/hectare |
TFP | Total Factor Productivity |
TPP | Trans-Pacific Partnership |
tq | Tel quel basis (sugar) |
TRQ | Tariff rate quota |
UN | The United Nations |
UNDP | United Nations Development Programme |
UNEP | United Nations Environment Programme |
UNFCCC | United Nations Framework Convention on Climate Change |
UNICEF | United Nations Children's Fund |
URAA | Uruguay Round Agreement on Agriculture |
US | United States |
USDA | United States Department of Agriculture |
VIFEP | Vietnam Institute of Fisheries and Economic Planning |
WB | World Bank |
WFP | World Food Programme |
WHO | World Health Organization |
WITS | World Integrated Trade Solution |
WMP | Whole milk powder |
wse | White sugar equivalent |
WTO | World Trade Organization |
WWF | World Wide Fund for Nature |
OECD-FAO Agricultural Outlook 2018-2027
OECD-FAO Agricultural Outlook