Monday 10 October 2011

FAO releases quarterly assessment report for the global cereal market

The United Nations Food and Agriculture Organisation has just published its quarterly assessment of the worlds cereal markets titled “Crop Prospects and Food Situation.” its predicts that the global cereal market will remain tight for 2011-12, even though there was some better than expected predictions for wheat and rice. The demand for cereal is only expected to increase slightly. After the events earlier this year almost caused riots over food prices and cereal prices. Read more ...
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