cereal market News
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More balanced food commodity markets seen in 2013/14
Food commodity markets, in particular for cereals, are set to be more balanced in 2013/14, according to FAO's Food Outlook report published today. World food imports in 2013 are tentatively forecast at $1.09 trillion, close to last year's level, but 13 percent below the record of 2011, the biannual report on global food markets said. Higher bills for fish and livestock products are anticipated ...
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Commodity trends point to stable food prices, declining global food import bill
Global food commodity markets are on a stable path for the year ahead, with solid production prospects and abundant stocks pointing to a broadly stable outcome for prices and supplies, FAO said today. Lower food prices than last year means that the world's food import bill are on course to fall to $986 billion this year - below $1 trillion for the first time since 2009 - even as traded volumes ...
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