date:May 09, 2014
est level since May 2013, affected by geopolitical tensions over Ukraine, an issue FAO says has made food markets more volatile.
FAO's cereal price index was firm at 206.9 points in April, a 1 point increase from the previous month. The agency cut its world cereal production forecast for 2014 slightly to 2.458 billion tonnes, from its previous forecast of 2.521 billion tonnes.
This was 2.4 percent lower that 2013's record world output but would still be the second largest production ever.
FAO