What's New

The latest Crop Prospects and Food Situation report from FAO was recently released. Published quarterly, these reports focus on developments affecting the food situation of developing countries and Low-Income Food-Deficit Countries (LIFDCs). The report also includes an overview of global cereal production prospects and highlight countries that require external food assistance.

The FAO is predicting 2016 global cereal production to be nearly 2,526 million tonnes, up slightly from production forecasts in April. This slight revision comes mainly from increased wheat production forecasts, which rose 4 million tonnes in May. Much of this increased production is based on improved yield prospects in Europe, which are expected to outweigh the effects of poor weather conditions in India. Growth in anticipated global wheat production remains 16 million tonnes below the record production seen in 2015, however.

GIEWS has released the October 2011 Crop Prospects and Food Situation report. The report cites improved prospects for global cereals production, based on higher expectations for rice and wheat. September saw a sharp fall in the price of all cereals except rice. This decrease was triggered by a number of factors, including the general global economic slowdown.

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