crop production record News
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FAO expects more balanced food markets, less price volatility
Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today (on November 7. 2013). "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in ...
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Global harvest prospects improve for maize, wheat and rice crops
Staple food prices rose in August even as grain prices fell and the outlook for global cereal production improved. The FAO Food Price Index, released today, averaged 165.6 points in August, up 1.9 percent from July and almost 7 percent from a year earlier. The monthly jump was mostly driven by cheese and palm oil quotations, while those for wheat, maize and rice all fell. FAO raised ...
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World cereal production set to reach historic high in 2013
World total cereal production is forecast to increase by about 7 percent in 2013 compared to last year, helping to replenish global inventories and raise expectations for more stable markets in 2013/14, according to the latest issue of FAO's quarterly Crop Prospects and Food Situation report. The increase would bring world cereal production to 2 479 million tonnes, a new record level. FAO now ...
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Large increase in 2013 world cereal output expected
World cereal production will reach a new high of almost 2 500 million tonnes, including rice in milled terms, according to new FAO estimates. The figure is almost 8.4 percent more than last year and some 6 percent above the previous record in 2011, according to the latest issue of the Crop Prospects and Food Situation Report. While global cereal production is expected to increase, FAO warned ...
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