Global cereal production, utilisation, stocks and trade all set to rise to new records in 2020/21, says FAO

8594959732_2c7419805e_o.jpg

The first forecasts for the 2020/21 season point to a comfortable cereal supply and demand situation in spite of uncertainties posed by the coronavirus pandemic that has hit the world hard, the Food and Agriculture Organization (FAO) said in its latest monthly report. Early prospects point to global cereal production in 2020 surpassing the previous year’s record […]

Read more

Global food prices rise to highest in two years, as cereal prices continue to increase defying improved supplies

32160809191_902b8daa2a_k.jpg

The FAO Food Price Index rose to its highest in almost two years in January, led by sugar and cereals, even as global markets remain well supplied, the U.N. food agency said. The FAO Food Price Index averaged 173.8 percent in January, marking a 2.1 percent increase from its revised December value and 16.4 percent above its 2016 […]

Read more