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World cereal production forecasted to be a record in 2014, according to FAO

Saturday, September 13th 2014 - 07:11 UTC
Full article 22 comments

FAO's Food Price Index is a trade-weighted index that measures prices of five major food commodities on international markets: in addition to sub-indices for prices of cereals, it also tracks meat, dairy products, vegetable oils, and sugar. Read full article

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  • ChrisR

    Given that TMBOA has done her very best at screwing the farmers I wonder what 2015 will bring, except we all know.

    Food riots, the argie arsewipe coming into the real use for it instead of 'money' and fighting in the streets with the dogs over their scraps.

    What a delightful thought.

    Sep 13th, 2014 - 11:18 am - Link - Report abuse 0
  • ilsen

    Over supply equals price crash?
    So what are Argentine Economic Magicians going to do about that?

    Sep 13th, 2014 - 11:36 am - Link - Report abuse 0
  • Englander

    Excellent crop harvest predicted for UK.

    Sep 13th, 2014 - 01:33 pm - Link - Report abuse 0
  • Voice

    They said the same thing last year....I remember looking forward to cheaper cereals......it never happened...same price or marginal increase in the shops....

    Sep 13th, 2014 - 07:00 pm - Link - Report abuse 0
  • CabezaDura2

    4 Depends you mean like muesli and porridge oats??... But its in Middle Eastern, African and South East Asian countries where people starve or not with these fluctuations.

    I remember back in mid 2008 biofuels had taken prices to record highs. before the crisis large chunks of humanity where at the verge of massive starvation.

    Sep 13th, 2014 - 10:40 pm - Link - Report abuse 0
  • yankeeboy

    Pretty sure Soy and Corn will be unprofitable to plant in Argentina this year.
    Farmers can't get loans and
    Monsanto wants u$

    :)

    Sep 14th, 2014 - 11:08 am - Link - Report abuse 0
  • Englander

    Last year was a very poor harvest in the UK.

    Sep 14th, 2014 - 12:04 pm - Link - Report abuse 0
  • Brasileiro

    Monsanto is just one company among many that operate in the seed sector. The benchmark of Monsanto is not 15% of the market.

    The link below is an Argentine seed...

    http://www.niderasementes.com.br/conteudo/historia.aspx

    Sep 14th, 2014 - 01:05 pm - Link - Report abuse 0
  • 4n conTroll

    @3, 7

    Do you honestly think anyone in this planet gives a fly what the British crop or harvest in any given year?

    The British people are utterly and completely powerless and irrelevant in determining how much food the world will have, or to change prices up or down.

    The only countries that matter are Argentina, Brazil, China, and maybe Russia and China (but since the don't export food is really not that important what they do).

    The FAO talks about food production in all these other places to make it feel like other countries have some power in this, but they do not and you don't matter at all.

    Aliens could sweep down tomorrow and burn all the UK crops and it wouldn't even make it on the back page of the papers worldwide.

    Sep 14th, 2014 - 02:35 pm - Link - Report abuse 0
  • Dany Berger

    Tobias thanks for the most memorable evening last night. Best pole polishing ever. You should really teach the Argentina's how to do it right.

    Sep 14th, 2014 - 02:40 pm - Link - Report abuse 0
  • 4n conTroll

    It's not my fault that @9 is the reality.

    Sep 14th, 2014 - 02:53 pm - Link - Report abuse 0
  • Englander

    Britain's harvest is important to Britain.
    Britain is part of the EU and agriculture is important to the EU. So important, it takes precedence over a potentially lucrative trade deal with Brazil.
    You forgot Canada, USA and Ukraine.

    Sep 14th, 2014 - 04:30 pm - Link - Report abuse 0
  • 4n conTroll

    @12

    The EU is irrelevant in driving prices. Everything is subsidized so they have effectively made themselves irrelevant by leveling ups and downs and restricting trade.

    USA is in the same situation with billions in subsidies so whatever happens does not matter. They are a minor player in global food commodities.

    Canada is important in resource commodities, not food ones.

    Argentina, Brazil, China determine the fate of what Planet Earth eats and what they pay for it.

    Sep 14th, 2014 - 06:01 pm - Link - Report abuse 0
  • Englander

    Nonsense.
    Half the World would starve if not for USA food production.
    EU is a major producer and the biggest driver/fixer of food prices.
    Canada produces x5 the wheat Argentina manages.

    Sep 14th, 2014 - 07:57 pm - Link - Report abuse 0
  • 4n conTroll

    You don't know what you are talking about. Those figures are utterly false.

    The USA and EU are completely irrelevant when it comes to food productions. Which is why Russia and China are completely unconcerned about you lot stopping food shipments to them.

    No one needs your toxic food.

    Sep 15th, 2014 - 02:37 am - Link - Report abuse 0
  • ElaineB

    @15 Projecting again? You feel irrelevant; we get it.

    Sep 15th, 2014 - 09:13 am - Link - Report abuse 0
  • Englander

    Even little old Britain with its bad harvest of 2013 produced more wheat than Argentina. I could investigate further and set out more foodstuff production figures but it seems you have closed your mind.

    Sep 15th, 2014 - 12:02 pm - Link - Report abuse 0
  • Captain Poppy

    Well Elaine, he feels irrelevant only because he knows he is vastly insignificant and largely inconsequential.
    Where he gets his disinformation from is mind boggling.....must be INDEC.

    Sep 15th, 2014 - 12:29 pm - Link - Report abuse 0
  • ElaineB

    @18 Actually, I have a theory about that. He contributes to a number of forums and some of the questions and theories he presents are designed for us to give lucid, factual and rational responses. I am pretty sure he runs off with the responses to try to impress elsewhere.

    Sep 15th, 2014 - 04:13 pm - Link - Report abuse 0
  • MagnusMaster

    @17 It is very easy to produce more wheat than Argentina now that wheat exports are blocked and export taxes are so high that it is unprofitable anyway.

    Sep 15th, 2014 - 06:04 pm - Link - Report abuse 0
  • Captain Poppy

    It wouldn't be the first time someone makes themselves look better by surrounding themselves with people better than them. Most good leaders always surround themselves with people better then themselves. However, I think you give him more credit then he earns. I find it must be extremely difficult to maintain opinions(Tobias) on subjects and places he never has and probably never will experience.

    Sep 15th, 2014 - 06:38 pm - Link - Report abuse 0
  • imoyaro

    All it takes is a vivid imagination, possibly fueled by psychoactive substances to reinforce the crazy...

    Sep 15th, 2014 - 06:48 pm - Link - Report abuse 0

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