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International Futures Help System

Agricultural Demand

Overview

Agricultural demand is divided into crops, meat, and fish. Crop demand is further divided into industrial, animal feed, and human food demand. 

Meat and food demand are responsive to calorie demand, which in turn responds to GDP per capita (as a proxy for income).  The division of calorie demand between demand for calories from crops and from meat changes in response also to GDP per capita (increasing with income). 

When all components of agricultural demand are computed, the price of the food elements of it are checked to assure that the total household demand for food does not exceed a high percentage of total country-level household consumption expenditures.

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