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17 Jul 2007 description

HIGHLIGHTS

- FAO's latest forecast for world cereal production in 2007 continues to point to a record output, now put at 2 121 million tonnes.

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.

03 Apr 2007 description

HIGHLIGHTS

World cereal production in 2007 is forecast by FAO to increase some 4 percent to a record 2 082 million tonnes. The bulk of the increase is expected in maize, with a bumper crop already being gathered in South America, and a sharp increase in plantings expected in the United States. A significant rise in wheat output is also foreseen, with a recovery in some major exporting countries' crops after weather problems last year.

Another good cereal crop likely in 2007 in the group of Low-Income Food-Deficit countries (LIFDCs).