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Book (stand-alone)Crop Prospects and Food Situation - No. 6, December 2007 2007Early prospects for the 2008 wheat crop are favourable. With the winter wheat planting virtually complete in the northern hemisphere, latest estimates point to a significant increase in the global wheat area, in response to current high prices and the removal of the compulsory land set-aside for 2008 in the EU, the world’s largest producer. FAO’s latest forecast of the 2007 world cereal production has been revised downwards to 2 101 million tonnes, which is still record and substantially hi gher than last year. Most of the increase is in coarse grains, especially maize in the United States. In the LIFDCs, as a group, 2008 cereal production is forecast to increase only marginally. However, if the largest countries, China and India, are excluded, the aggregate cereal output of the remaining countries is seen to register a significant decline...
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