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Crop Prospects and Food Situation - No. 4, December 2011

Year of publication 2011

Pages 36

Author Trade and Markets Division

Product type Book (stand-alone)

Edition 1

Synopsis (short abstract) As the year draws to a close, FAO’s latest estimate confirms a record high global cereal production in 2011, which should be sufficient to cover the expected increase in utilization in 2011/12 and also allow a moderate replenishment of world reserves. n International grain prices remained mostly under downward pressure in November, reflecting the confirmation of a strong recovery in production amid deteriorating world economic prospects and a stronger US dollar. n Based on the estimated increase in import requirements, the cereal import bill of LIFDCs for 2011/12 marketing season is forecast by FAO at a record level...

Language English

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    As 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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    Crop Prospects and Food Situation - No. 6, December 2007 2007
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    Early 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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