World 2020 cereal production forecast reduced further; global output seen reaching new record

james-wainscoat-744643-unsplash.jpg

FAO’s forecast for global cereal production in 2020 has been lowered for the third consecutive month, with downward revisions for all the major cereals. Nonetheless, global cereal production is still expected to reach a record high level of 2 742 million tonnes, 1.3 percent above the previous year’s outturn, the UN food agency said in its latest […]

Read more

World food prices hit three-year high in 2020 after additional gains in December – FAO

World food prices rose for the seventh consecutive month in December, led by dairy products and vegetable oils, the Food and Agriculture Organization of the United Nations reported. The FAO Food Price Index averaged 107.5 points in December, 2.2 percent higher than in November. Over the whole of 2020, the benchmark index, which tracks monthly changes in […]

Read more

More than half of people in agriculture areas face water scarcity, says FAO

ar-k99-v1i1-4-unsplash-scaled.jpg

Available freshwater resources per person have declined by more than 20 percent over the past two decades globally, underscoring the importance of producing more with less, especially in the agriculture sector, the world’s largest user of water, the Food and Agriculture Agency said in a report. More than three billion people live in agricultural areas […]

Read more

WFP warns of famines of biblical proportions in 2021, urges quick steps to stop spread of hunger

food-security.jpg

The U.N. World Food Program (WFP) has warned world leaders of famines of biblical proportions in 2021 if steps were not taken to quickly address the hunger triggered by the Covid-19 pandemic that has hit the world hard. “We were able to avert it in 2020 … because the world leaders responded with money, stimulus […]

Read more

Global food import bill may exceed last year’s level despite pandemic – FAO

ja-ma-216495-unsplash.jpg

The global food import bill for this year is expected to remain close to last year’s level, and may even exceed it slightly due to higher prices of most food commodities in wake of the pandemic, the Food and Agriculture Organisation (FAO) said in a report.   World food markets are showing surprisingly strong resilience despite initial […]

Read more

Global cereal output still expected to reach an all-time high despite downward revisions, says FAO

raphael-rychetsky-li9JfUHQfOY-unsplash-scaled.jpg

The UN food agency on Thursday reduced the world’s 2020 cereal production for a second consecutive month, by nearly 13 million tonnes, largely on expectations of diminished world coarse grains production, but global cereal output was still forecast at a record 2 750 million tonnes, surpassing the 2019 output by 1.6 percent. The reduction in […]

Read more

Global food prices continue rising in October

2-2-scaled.jpg

Global food prices continued rising for the fifth consecutive month in October, led by cereals, sugar, dairy and vegetable oils, according to a new report from the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which tracks international prices of the most traded food commodities, averaged 100.9 points in October 2020, […]

Read more

Global cereal markets to remain well supplied in 2020/21, says FAO

MG_9702-scaled.jpg

Global cereal markets are expected to remain adequately supplied in 2020/21 despite this month’s downward revisions to production and inventories, the Food and Agriculture Organization (FAO) said in its latest monthly report. With trade in cereals seen expanding in 2020/21, global cereal markets continue to demonstrate their resilience amidst the challenges and uncertainty caused by […]

Read more

Global cereal supplies to remain ample in 2020/21 despite this month’s cut in global production forecast

FAO also lowered its forecast for world cereal production in 2020 by 25 million tonnes from a July projection, due largely to expectations of a lower maize output in the United States of America, the U.N . food agency said in its latest monthly report. However, despite this reduction, such an outcome would still represent […]

Read more