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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.

25 Jul 2008 description

HIGHLIGHTS

- World cereal production in 2008 is forecast to increase 2.8 percent to a record 2 180 million tonnes. Most of the increase is in wheat following significant expansion in plantings in all regions. Coarse grains output is expected around the bumper level of last year but lower than earlier anticipated due to severe floods in the United States, the world's largest producer and exporter. Rice is tentatively forecast to increase slightly from last year's good level.

- Despite the anticipated increase in world output, cereal markets will remain tight in 2008/09.

19 Feb 2008 description

HIGHLIGHTS

- Early prospects point to the possibility of a significant increase in world cereal production in 2008, mainly following expansion of winter grain plantings in Europe and the United States coupled with generally satisfactory weather conditions.

- International prices of most cereals remain high and some are still on the increase.