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14 Oct 2008 description

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.

14 Jun 2000 description

FAO's June Food Outlook report signals a one percent increase in cereal output in 2000, compared to the previous year. However, according to current forecasts, total cereal production will not be enough to cover utilization requirements in 2000/2001 and global cereal reserves will have to be drawn down. If current forecasts materialize, global stocks could fall slightly below minimum safe levels.

14 Jun 2000 description


Rome, June 2000
Extracts from FAO/GIEWS Food Outlook No. 3, 2000

HIGHLIGHTS

Latest indications continue to point to a larger cereal output in 2000. However, based on the current forecasts, total cereal production would not be sufficient to meet expected utilization requirements in 2000/01 and global cereal reserves would be drawn down again next season.