date:May 14, 2013
but some three per cent (16 million tonnes) below their opening levels.
A sharp fall in world cereal trade is expected in 2012/13, involving all major cereals. At 304.4 million tonnes, it would be almost one million tonnes larger than forecast last month but still representing a decline of about four per cent (13 million tonnes) from 2011/12.
FAO Food Price Index Up for Second Month Running
FAO's Food Price Index rose for the second month running in April, climbing one per cent, or two point