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BAGHDAD (Independent) .. A recent version of the report, "Food Outlook" issued by the United Nations Food and Agriculture "FAO", announced today that food commodity markets tend to become more balanced and less volatile in price, better than in recent years thanks to improved supply and recovery of balances global grain.
He said expert David Hallam, director of the Trade and Markets Division, the Organisation "FAW" that "the prices of most basic food commodities continued to decline over the past few months, due to production increases and expectations of the season for more abundant supplies, exports, and stocks."
The sharp increase of grain production in 2013, mostly to the revival of corn production in the United States and record harvest of wheat in the countries of the Commonwealth of Independent States "CIS". The global rice production is expected to grow at only about a modest through 2013.
Grain balances
It is also likely that global stocks balances grow, until the end of 2014, 13 per cent to 564 million tonnes, and will be recorded coarse grains alone, a growth of 30 percent, the most in the United States. And is expected to grow wheat and rice stocks also, Pencpti 7 percent and 3 percent, respectively.
Such an expansion in global cereal stocks to raise the rate of the stock-to-use ratio of approximately 23 percent, which is much higher than historic low of 18.4 percent of this rate during the period 2007/2008.
And reported the latest Food Outlook published by the organization "FAW" for the year 2013, that the food import bill of the world tend to decline by 3 percent to amount to 1.15 trillion U.S. dollars, with the decline in the cost of imports of cereals, sugar and vegetable oils and tropical drinks; even though prices were dairy, meat and fish will remain constant.
Slightly higher food prices
In the meantime, move the food price index, FAO (FPI), also contained in a report by the organization "FAW" on "Food Outlook", a slight rise within October / October to reach an average rate of 205.8 points, compared to its level of 2.7 points, or 1.3 percent during September / September. However, there is still the index 11 points, or 5.3 percent below the level for the same period in 2012. These are the slight increase at most to a sudden rise in sugar prices, even though the prices of some other commodity groups also rising.
And saw the cursor international organization "FAW", as a measure of the extent of the monthly change in international prices of five major groups of food commodities (including 73 pricing) some changes in the way calculated, even if not amended the new approach many of the values recorded in the series. The period was extended to the average index back to 1961; revisions are raised for discussion in the Special Features section is included in the report, "Food Outlook".
The report forecasts for other goods, as follows:
Cassava - is expected to increase global production of cassava for the fifth consecutive year to reach 256 million tons in 2013, and attributed this expansion to the growing demand for food in general in the African continent and to increase industrial uses of cassava in East and Southeast Asia, and in particular for the production of ethanol and starch.
Sugar - likely to rise forecasts world sugar production in only a slight increase for the period 2013 \ 2014, which is expected to come higher production limited in Brazil as the largest producer and exporter of sugar in the world, due to unfavorable weather conditions hampered harvesting operations. And likely also grow forecasts world sugar consumption by about 2 per cent during the period 2013/2014.
Oilseeds - can record oil crops in the world's highest rates ever in 2013/2014, driven by record production of soybeans in South America. It should be of global production of oilseed products to match global use for the second year in a row, and in spite of the possibility of producing a large surplus in the case of powders / pulp cake.
Meat - is expected to grow global meat production increased by 1.4 percent in 2013; note that prices remained historically high levels since the beginning of 2011, and there is no evidence of overall decline in prices, despite the decline in feed costs.
Dairy - outweighed expectations to grow milk production in the world in 2013 by 1.9 percent, and is expected to come most of the increases on the part of Asia, Latin America and the Caribbean region, while refunded only limited growth of other regions. Even with low international prices for dairy products from their peak in April / April, it was still historically high levels.
Fisheries - Aquaculture continues to enhance the overall supply of fish, prompting prices to drop from previous levels. Was ever-capita fish consumption is constantly increasing, while about aquaculture output to exceed the production of fish from capture fisheries as the main source for the supply of fish for direct human consumption.
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He said expert David Hallam, director of the Trade and Markets Division, the Organisation "FAW" that "the prices of most basic food commodities continued to decline over the past few months, due to production increases and expectations of the season for more abundant supplies, exports, and stocks."
The sharp increase of grain production in 2013, mostly to the revival of corn production in the United States and record harvest of wheat in the countries of the Commonwealth of Independent States "CIS". The global rice production is expected to grow at only about a modest through 2013.
Grain balances
It is also likely that global stocks balances grow, until the end of 2014, 13 per cent to 564 million tonnes, and will be recorded coarse grains alone, a growth of 30 percent, the most in the United States. And is expected to grow wheat and rice stocks also, Pencpti 7 percent and 3 percent, respectively.
Such an expansion in global cereal stocks to raise the rate of the stock-to-use ratio of approximately 23 percent, which is much higher than historic low of 18.4 percent of this rate during the period 2007/2008.
And reported the latest Food Outlook published by the organization "FAW" for the year 2013, that the food import bill of the world tend to decline by 3 percent to amount to 1.15 trillion U.S. dollars, with the decline in the cost of imports of cereals, sugar and vegetable oils and tropical drinks; even though prices were dairy, meat and fish will remain constant.
Slightly higher food prices
In the meantime, move the food price index, FAO (FPI), also contained in a report by the organization "FAW" on "Food Outlook", a slight rise within October / October to reach an average rate of 205.8 points, compared to its level of 2.7 points, or 1.3 percent during September / September. However, there is still the index 11 points, or 5.3 percent below the level for the same period in 2012. These are the slight increase at most to a sudden rise in sugar prices, even though the prices of some other commodity groups also rising.
And saw the cursor international organization "FAW", as a measure of the extent of the monthly change in international prices of five major groups of food commodities (including 73 pricing) some changes in the way calculated, even if not amended the new approach many of the values recorded in the series. The period was extended to the average index back to 1961; revisions are raised for discussion in the Special Features section is included in the report, "Food Outlook".
The report forecasts for other goods, as follows:
Cassava - is expected to increase global production of cassava for the fifth consecutive year to reach 256 million tons in 2013, and attributed this expansion to the growing demand for food in general in the African continent and to increase industrial uses of cassava in East and Southeast Asia, and in particular for the production of ethanol and starch.
Sugar - likely to rise forecasts world sugar production in only a slight increase for the period 2013 \ 2014, which is expected to come higher production limited in Brazil as the largest producer and exporter of sugar in the world, due to unfavorable weather conditions hampered harvesting operations. And likely also grow forecasts world sugar consumption by about 2 per cent during the period 2013/2014.
Oilseeds - can record oil crops in the world's highest rates ever in 2013/2014, driven by record production of soybeans in South America. It should be of global production of oilseed products to match global use for the second year in a row, and in spite of the possibility of producing a large surplus in the case of powders / pulp cake.
Meat - is expected to grow global meat production increased by 1.4 percent in 2013; note that prices remained historically high levels since the beginning of 2011, and there is no evidence of overall decline in prices, despite the decline in feed costs.
Dairy - outweighed expectations to grow milk production in the world in 2013 by 1.9 percent, and is expected to come most of the increases on the part of Asia, Latin America and the Caribbean region, while refunded only limited growth of other regions. Even with low international prices for dairy products from their peak in April / April, it was still historically high levels.
Fisheries - Aquaculture continues to enhance the overall supply of fish, prompting prices to drop from previous levels. Was ever-capita fish consumption is constantly increasing, while about aquaculture output to exceed the production of fish from capture fisheries as the main source for the supply of fish for direct human consumption.
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