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15 Oct 2007 description

Part I: Operational Requirements and Shortfalls

Overview of the 2007 Programme of Work

As the end of 2007 nears, the number of people the World Food Programme is seeking to support has risen to 83 million. The amount of food assistance required to assist these people is valued at US$3.4 billion. Considering resources mobilized thus far in 2007, the current level of funding falls short by some US$653 million.

Additional resources amounting to approximately US$800 million are required before the end of 2007 to ensure uninterrupted food aid deliveries for ongoing activities.

30 Jun 2007 description

FOCUS

Food import bills reach a record high partly on soaring demand for biofuels Based on FAO's latest analysis, global expenditures on imported foodstuffs look set to surpass US$400 billion in 2007, almost 5 percent above the record the previous year. The bulk of the increase can be levelled against rising prices of imported coarse grains and vegetable oils, the commodity groups which feature most heavily in biofuel production. Import bills for these commodities are forecast to rise by as much as 13 percent from 2006.

15 May 2007 description

HIGHLIGHTS

World cereal production in 2007 remains on course to reach a record level of 2 095 million tonnes, but with some major crops yet to be planted, the forecast is still tentative.

Based on the current 2007 production outlook, global cereal supplies are forecast to increase in the new 2007/08 marketing season.

01 Feb 2007 description

HIGHLIGHTS

Favourable prospects for 2007 world cereal crops, mainly following expansion of plantings in Europe and North America, coupled with generally satisfactory weather conditions.

FAO's latest estimates put global cereal output in 2006 at just under 2 billion tonnes, 2.7 percent lower than in the previous year but still above average.