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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.