Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1189b6fd0d-trace').style.display = (document.getElementById('cakeErr67f1189b6fd0d-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f1189b6fd0d-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1189b6fd0d-code').style.display = (document.getElementById('cakeErr67f1189b6fd0d-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1189b6fd0d-context').style.display = (document.getElementById('cakeErr67f1189b6fd0d-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f1189b6fd0d-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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-The Business Standard
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&amp;nbsp;
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&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;
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Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
&lt;/div&gt;
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&lt;br /&gt;
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The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
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&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;
&lt;/div&gt;
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&lt;br /&gt;
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FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
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&lt;br /&gt;
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The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
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&lt;br /&gt;
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However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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&lt;div style=&quot;text-align: justify&quot;&gt;
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
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&lt;br /&gt;
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For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
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&lt;br /&gt;
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The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
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&lt;br /&gt;
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At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
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&lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 June, 2012, http://www.business-standard.com/india/news/global-food-prices-downrecord-high-productionfao/168094/on&#039;,
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-The Business Standard


&amp;nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Business Standard&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-The Business Standard
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 June, 2012, http://www.business-standard.com/india/news/global-food-prices-downrecord-high-productionfao/168094/on&#039;,
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-The Business Standard


&amp;nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Business Standard&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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-The Business Standard


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The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food..."/>
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                <strong>Global food prices down on record high production: FAO</strong></h1>
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                <div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>The FAO Food Price Index fell by 4% in May</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&quot; said FAO's grain analyst Abdolreza Abbassian.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.</div><div style="text-align: justify"><br /></div>               </font>
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-The Business Standard
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&amp;nbsp;
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&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;
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Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
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The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
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&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;
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&lt;br /&gt;
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FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
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&lt;br /&gt;
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FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
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The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
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&lt;br /&gt;
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However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
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For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
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&lt;br /&gt;
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The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
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&lt;br /&gt;
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&lt;div style=&quot;text-align: justify&quot;&gt;
At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 June, 2012, http://www.business-standard.com/india/news/global-food-prices-downrecord-high-productionfao/168094/on&#039;,
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-The Business Standard


&amp;nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Business Standard&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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-The Business Standard
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&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;
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Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
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The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
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&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;
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&lt;br /&gt;
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FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
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The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
&lt;/div&gt;
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&lt;br /&gt;
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However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
&lt;/div&gt;
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&lt;br /&gt;
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At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
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&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 June, 2012, http://www.business-standard.com/india/news/global-food-prices-downrecord-high-productionfao/168094/on&#039;,
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-The Business Standard


&amp;nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Business Standard&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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-The Business Standard


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The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food..."/>
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                <strong>Global food prices down on record high production: FAO</strong></h1>
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                <div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>The FAO Food Price Index fell by 4% in May</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&quot; said FAO's grain analyst Abdolreza Abbassian.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.</div><div style="text-align: justify"><br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1189b6fd0d-trace').style.display = (document.getElementById('cakeErr67f1189b6fd0d-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f1189b6fd0d-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1189b6fd0d-code').style.display = (document.getElementById('cakeErr67f1189b6fd0d-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1189b6fd0d-context').style.display = (document.getElementById('cakeErr67f1189b6fd0d-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f1189b6fd0d-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Global food prices down on record high production: FAO&#039;,
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-The Business Standard
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&amp;nbsp;
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&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;
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Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
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&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 June, 2012, http://www.business-standard.com/india/news/global-food-prices-downrecord-high-productionfao/168094/on&#039;,
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-The Business Standard


&amp;nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Business Standard&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
-The Business Standard
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Business Standard, 7 June, 2012, http://www.business-standard.com/india/news/global-food-prices-downrecord-high-productionfao/168094/on&#039;,
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-The Business Standard


&amp;nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Business Standard&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;The FAO Food Price Index fell by 4% in May&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&amp;quot; said FAO&#039;s grain analyst Abdolreza Abbassian.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;FAO&#039;s latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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-The Business Standard


&nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food..."/>
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                <strong>Global food prices down on record high production: FAO</strong></h1>
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                <div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>The FAO Food Price Index fell by 4% in May</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&quot; said FAO's grain analyst Abdolreza Abbassian.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.</div><div style="text-align: justify"><br /></div>               </font>
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-The Business Standard
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
<em>The FAO Food Price Index fell by 4% in May</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&quot; said FAO's grain analyst Abdolreza Abbassian.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
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<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
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<div style="text-align: justify">
<br />
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<div style="text-align: justify">
For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
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<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
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<div style="text-align: justify">
<br />
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<div style="text-align: justify">
At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
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-The Business Standard


&nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...',
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-The Business Standard
</div>
<div style="text-align: justify">
&nbsp;
</div>
<div style="text-align: justify">
<em>The FAO Food Price Index fell by 4% in May</em>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&quot; said FAO's grain analyst Abdolreza Abbassian.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.
</div>
<div style="text-align: justify">
<br />
</div>',
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$metaTitle = 'LATEST NEWS UPDATES | Global food prices down on record high production: FAO'
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-The Business Standard


&nbsp;


The FAO Food Price Index fell by 4% in May





Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food...'
$disp = '<div style="text-align: justify">-The Business Standard</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify"><em>The FAO Food Price Index fell by 4% in May</em></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead,&quot; said FAO's grain analyst Abdolreza Abbassian.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.</div><div style="text-align: justify"><br /></div>'
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Global food prices down on record high production: FAO

-The Business Standard   The FAO Food Price Index fell by 4% in May Global food prices have dropped sharply in May due to generally favourable supplies, growing global economic uncertainties and a strengthening of the US dollar, a report by the Food and Agricultural Organisation (FAO) of the United Nations said today. The FAO Food Price Index, measuring the monthly change in international prices of a basket of food commodities, fell by 4% in May. It averaged 204 points and was 9 points down from April. This was the lowest level since September 2011 and about 14% below its peak in February 2011. "Crop prices have come down sharply from their peak level but they remain still high and vulnerable due to risks related to weather conditions in the critical growing months ahead," said FAO's grain analyst Abdolreza Abbassian.  FAO at the same time raised the forecast for world cereal production by 48.5 million tonnes since May, mainly on the expectation of a bumper maize crop in the United States. FAO's latest forecast for world cereal production in 2012 stands at a record level of 2419 million tonnes, 3.2% up from the 2011 also a record. The bulk of the increase is expected to originate mainly from maize in the United States amid an early start of the planting season and prevailing favourable growing conditions. As a result, the global coarse grain production is forecast at 1248 million tonnes, a huge 85 million tonnes increase from the previous year. However, with planting still to be completed and much of the crop at very early stages of development, the final outcome will depend greatly on weather conditions in the coming months. With the main northern hemisphere rice crops now in the ground in several countries, the forecast of global rice production in 2012 is firmer and points to a 2.2% increase from 2011, to some 490 million tonnes, mostly reflecting larger plantings in Asia. For wheat, latest indications point to a contraction of about 3% in production in 2012, to 680 million tonnes, still well above the average of the past five years. The global cereal utilisation is forecast to expand by at least 2% in 2012-13, to 2376 million tonnes, with feed utilisation growing by 3.8%, while food consumption is expected to increase by just over 1%, largely keeping pace with world population growth. At the current forecast level, world cereal production would exceed the anticipated utilization in 2012/13 (which has been revised up since last month by 19 million tonnes or 1%) and lead to a significant replenishment of world cereal stocks, up 36 million tonnes, or 7%, from the previous season.