Page 8 of articles about cereal

It is expected that the cereal and oilseed demand in China will increase from 600 million tonnes in 2014 to 700 million tonnes in 2020.

The latest FAO forecast for global cereal production in 2015 stands at 2 540 million tonnes, 13.8 million tonnes more than expected in July, but still 21 million tonnes (0.8 percent) below the 2014 record.

World cereal production this year should amount to 2 527 million tonnes. That represents a 1.1 percent decline from the record level in 2014.

The Russian Government lifted duties on wheat exports beginning May 15, 2015.

"The world food import bill is forecast to reach a five-year low in 2015", the report says, mainly driven by a decline in international prices, low freight rates and a strong US dollar.

China's imports of soybeans will continue to grow in the coming decade because of limited farmland and a rising population.

The cereal output estimate for 2014 was raised to 2 544 million tonnes mainly due to a larger than anticipated maize harvest in the European Union.

FAO has further raised its estimate of 2014 world cereal production, now seen at 2.542 billion tonnes, amounting to 20 million tonnes or one percent higher than in 2013.

Latest indications confirm that world cereal production will reach an all-time record of more than 2.5 billion tonnes in 2014.

FAO Director-General urges a review of market governance institutions to boost voice of smallholders.

Copa-Cogeca released final EU-28 cereals estimates for the 2014/15 marketing year, showing a bumper crop up 6.1% on last years levels.

Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years.

The production of cereals in Latin America and the Caribbean in the 2014/15 season will keep high, exceeding 220 million tonnes, although it will be 1.4% lower than in the previous season.