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Afghanistan + 50 others
Crop prospects and food situation - No. 4, Oct 2008

HIGHLIGHTS

- World cereal production in 2008 is forecast to increase 4.9 percent to a record 2 232 million tonnes, considerably up from earlier predictions after better than expected results from the major harvests gathered in the past two months.

- Based on the latest production forecast, a significant improvement in the global supply and demand balance for cereals in the 2008/09 season can be expected. Even allowing for a larger increase in utilization than was reported in July, an 8 percent increase in world cereal stocks could be possible.

- International prices of most cereals