FAO Predicts 2.6% Drop in Global Cereal Supply
date:Oct 22, 2012
The United Nations Food and Agriculture Organizations latest forecast for world cereal production in 2012 has been revised downward slightly 0.4% to 2.286 million tonssince the previous update in September. The latest adjustment reflects a smaller maize crop in central and southeastern parts of Europe, where yields are turning out lower than earlier expectations following prolonged dry conditions.

At the current forecast level, world cereal production in 2012 would be 2.6% down from the previou
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