date:Feb 08, 2014
e more demand driven and less predictable that crops, Abbassian said.
Overall food prices declined in 2013 overall compared with the two previous years, and are down significantly from peaks reached in 2011.
Also on Thursday, FAO said that it sees cereal output higher than forecast in a December report.
Cereals output, including milled rice, is seen at nearly 2.502 billion tonnes at the end of the 2014 crop season, 1.7 million tonnes more than previously forecast.
Global cereal stocks at the