World cereal production to increase in 2019, but stocks to still decline slightly in 2019/20, says FAO

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Early prospects point to a likely rebound of 2.7 percent in global cereal production in 2019, following a decline registered in 2018, the U.N. food agency said in its latest report. “Based on the conditions of crops already in the ground and on planting intentions for those still to be sown, and assuming normal weather […]

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International Grains Council raises forecasts for 2019-20 world wheat, corn crops

The International Grains Council (IGC) has raised its forecasts for world wheat and corn production in the 2019/2020 season. The 2019-20 projections indicate a return to the bearish combination of rising production and stocks last experienced in 2017-18. The inter-governmental body, in a monthly update, increased its global wheat crop forecast by 3 million tonnes […]

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World cereal markets remain well balanced in 2018/19, says FAO

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Current world cereal production estimate for 2018, incorporating Chinese historical production revisions, stands at 2 655 million tonnes (including rice in milled terms), the U.N. food agency said in its latest monthly report. Although this figure is 46 million tonnes higher than the previous month’s estimate, world cereal production is still down 1.8 percent (48.8 […]

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India’s wheat plantation acreage surge in rabi season 2018-19; rice, pulses, oilseeds decline

According to the latest official data from the ministry of agriculture, wheat sown in India reached 298.47 lakh hectare so far in the rabi season 2018-19 as against 299.84 lakh hectare a year ago. Sowing of wheat, the main rabi crop, begins from October and harvesting from March-April. However, sowing of rice, pulses, coarse cereals and oilseeds […]

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Global food price index dips for the fifth consecutive month in October

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International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said today. The FAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 percent […]

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Robust supplies pushed global food prices down in September — FAO

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Global agricultural food commodity prices fell in September due to growing inventories of key staples, the UN food agency said in its latest monthly report. The FAO Food Price Index declined 1.4 percent from August and is now 7.4 percent below its level during September 2017. The FAO Cereal Price Index dropped 2.8 percent, led by maize […]

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