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Book (stand-alone)Crop Prospects and Food Situation - No.3 July 2008 2008World cereal production in 2008 is forecast to increase 2.8 percent to a record 2 180 million tonnes. Most of the increase is in wheat following significant expansion in plantings in all regions. Coarse grains output is expected around the bumper level of last year but lower than earlier anticipated due to severe floods in the United States, the world¡¯s largest producer and exporter. Rice is tentatively forecast to increase slightly from last year¡¯s good level. Despite the anticipated inc rease in world output, cereal markets will remain tight in 2008/09. Total cereal supply (carry-in stocks plus production) will barely exceed the anticipated utilization and the world cereal reserves will recover only marginally from the current estimated 30-year low.
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Book (stand-alone)Crop Prospects and Food Situation - No.5 December 2008 2008As the year draws to a close, FAOs latest estimates confirm that a new record high level of global cereal production was achieved in 2008, sufficient to cover the expected increase in utilization in 2008/09 and also allow for a moderate replenishment of world reserves. Most of the increase in production this year has been among the developed countries, with that in the developing countries rising just marginally. In the developing group, outputs rose somewhat more among the Low-Income Food- Deficit Countries, especially in countries where agriculture production support was provided by governments...
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Book (stand-alone)Crop Prospects and Food Situation - No. 1, February 2008 2008Early prospects point to the possibility of a significant increase in world cereal production in 2008, mainly following expansion of winter grain plantings in Europe and the United States coupled with generally satisfactory weather conditions. International prices of most cereals remain high and some are still on the increase. Continuing strong demand and dwindling stocks are providing the backdrop to a prevailing tight global cereal supply and demand situation in the current 2007/08 marke ting season, keeping upward pressure on international markets. Cereal imports of the LIFDCs as a group in 2007/08 are forecast to decline by about 2 percent but as a result of soaring international cereal prices and freight rates, the cereal import bill is projected to rise by 35 percent for the second consecutive year. A higher increase is projected for Africa. Prices of basic food have increased in many countries across the world mostly affecting vulnerable populations...
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