crop recording News
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Farm Bureau on USDA Report: Worldwide Corn Yields Up; Wheat, Cotton and Soybeans, Too
The USDA’s latest report on agricultural supply and demand for the 2014-2015 marketing year suggests supplies will continue to be on the tight side for key U.S. crops despite record harvests, the American Farm Bureau Federation said today. “The most interesting feature of today’s World Agricultural Supply and Demand Estimates Report is the projected corn yield of 167.4 bushels ...
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World cereal production set to jump 8 percent this year
The outlook for global cereal supply in the 2013/14 marketing season remains generally favourable despite downward adjustments to forecasts for world cereal production and closing stocks, according to the latest issue of FAO's quarterly Crop Prospects and Food Situation report. Despite this downward adjustment, world cereal production would still surpass the 2012 level by nearly 8 percent. ...
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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 wheat and rice harvests poised to set new record
Global food markets will likely remain "generally well balanced" in the year ahead, as prices for most internationally-traded agricultural commodities are relatively low and stable, FAO said today. The benign outlook, especially for staple grains, is poised to lower the world food import bill to a six-year low, according to the Food Outlook. Record global production forecasts for this year's ...
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FAO food price index declines further in February, led by sugar
The FAO Food Price Index declined to a 55-month low in February, dropping 1.0 percent from January and 14 percent below its level a year earlier. Lower prices for cereals, meat and especially sugar more than offset an increase in milk and palm oil prices. The FAO Food Price Index averaged 179.4 points in February, down from 181.2 points in January and 208.6 points in February 2014. Its ongoing ...
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