Good harvests and ample stockpiles continue to drive international food prices down
9 October 2014, Rome--- FAO's has released its biannual Food Outlook report and a new update to the Organization's monthly Food Price Index today. According to the Organization, Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years. Bumper harvests and abundant stockpiles are one key factor helping drive international cereal prices down, according to the report.

Abdolreza Abbassian is a Senior Economist with FAO. In the following interview he elaborates on the findings of the reports.
4min. 28sec.
Topic(s): Agriculture & crops, Food prices, Food production & stocks, Food Security, Hunger & food insecurity, Rural or agricultural development
Produced by: Sandra Ferrari
Reference: 10758