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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.

30 Jun 2008 description

FOCUS

All agricultural commodities covered in this report are of critical importance to global food and feed markets. They constitute much of the world's food consumption, generate income to farmers and represent the largest portion of food import expenditures across the world.