FAO Food Price Index falls 1 per cent due to lower cereal, oil prices
date:Nov 12, 2012
to remain extremely tight in 2012-13, with FAO's latest forecast for production in 2012 pointing to a 2.5 per cent decline from the 2011 record level. Stocks are forecast to fall to historic lows.

Rice production may be set for new record

World rice production in 2012 may surpass last season's record, supported by favourable growing conditions. Steady import demand, together with very ample export supplies, are sustaining an expansion of trade in 2012, with a further, albeit small, increase f
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