Crop Prospects and Food Situation #4, November 2006

Year of publication2006

AuthorFAO

PublisherFAO

AbstractThe global cereal supply and demand situation has further tightened, with a downward revision of the 2006 world cereal production forecast and a projected increase in cereal utilization in 2006/07. At current forecast levels, the utilization would exceed production by 3.3 percent in 2006/07. World cereal stocks are forecast to decline for the third consecutive year, with those of wheat falling to their lowest level since 1981. Cereal export prices have increased sharply in recent months, mainly in response to tightening world supplies and by November 2006 were well above their levels of a year earlier. Because of higher prices, the cereal import bill of the Low-Income Food-Deficit Countries (LIFDCs) is forecast to increase by 15 percent in 2006/07.

 

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