Tag: Crop Prospects and Food Situation

• Thursday, October 6th 2011 - 22:10 UTC

  FAO anticipates ‘tight’ cereal markets in 2011/12 and lower prices

  

  Despite improved production prospects, world cereal markets are likely to remain fairly tight in 2011/2012, FAO announced this week. Prices on the other hand will tend to decline as a result of softer demand because of worsening economic conditions.