Crop Prospects and Food Situation #3, October 2012

Year of publication2012

AuthorFAO

PublisherFAO

AbstractLatest indications confirm a decline in world cereal production in 2012 from the record in 2011. The decrease will result in a significant reduction in world inventories by the close of seasons in 2013, even with world demand sliding as a result of high prices. International cereal prices remained firm in September, with average wheat and rice quotations increasing slightly, but those of maize declining. Although the volume of aggregate cereal import requirements of LIFDCs in the 2012/13 marketing years are estimated to decline by 5 percent from the high level the previous year, the total import bill, on the other hand, is expected to rise due to higher international prices.

 

Product typeBook (stand-alone)

SeriesCrop Prospects and Food Situation

RegionGlobal

ISSN2707-2231

Areas of workGlobal Information and Early Warning System

KeywordsFood crops; crop monitoring; crop production; food supply; food security; conflicts; pandemics; early warning systems