date:Apr 12, 2013
approach 500 million tonnes.
The Rome-based agency also raised its estimate of world cereal output in 2012 to 2.309 billion tonnes, up 3 million tonnes from a forecast made in March, but still 2 percent below record production in 2011.
Other food types included in the index showed mixed trends. Oils and fats prices fell 2.5 percent from February due to a favourable supply outlook, and meat prices also fell on adequate export supplies and a small reduction in feed prices.
Sugar prices rose due