Current conditions indicate a broad-based growth in global production of food commodities, alongside a confident rise in consumption and the recovery of reserves, although weather variability and uncertainty in trade prospects may pose risks, according to a new report published today by the Food and Agriculture Organization of the United Nations (FAO). Global production of wheat and feed grains is likely to set new records, the same goes for rice production in Asia, Latin America, and the Caribbean. According to the new FAO Food Outlook (file attached below, in English, note: oiworld.ru) This biennial edition presents updated market assessments and forecasts for production, use, trade, and stocks of major food commodities, including cereals, oil crops, sugar, meat, dairy products, and fish. The new edition offers additional information on the markets for olive oil, fertilizers, and global food imports. "The recovery of global food production marks a positive turning point for ...
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