Markets and Trade

Crop Prospects and Food Situation #2, June 2011

Quarterly Global Report

Year of publication2011
AuthorFAO
PublisherFAO
AbstractFAO’s latest cereal production forecast for 2011 stands at 2 302 million tonnes, nearly 3 percent higher than in 2010, but 13 million tonnes lower than the forecast published in Food Outlook on 7 June. At this revised level, world cereal production would now be slightly below overall utilization, leading to a further decline in world stocks. The revision largely reflects a downward adjustment to this year’s official maize production forecast in the United States, released on 9 June by USDA. International grain prices remained high in the first half of June. Cereal prices continue to rise in several developing country regions, particularly in import-dependent CIS, Central America and drought-affected Eastern Africa. Staple food prices, however, have remained low and relatively stable in southern and western Africa due to relatively good domestic production in 2010, and in most countries of North Africa due to government interventions. The aggregate cereal output of LIFDCs is forecast to increase by about 2 percent in 2011. However, excluding India, the production of this group is anticipated to remain around the level of 2010.
Available inEnglish
 
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