FAO - Global wheat production to increase in 2011
http://www.fao.org/news/story/en/item/53813/icode/
29-Mar-2011 (15 years 2 months 10 days ago)FAO's first forecast for world wheat production in 2011 stands at 676 million tonnes, representing a growth of 3.4 percent from 2010, the March 2011 edition of the Crop Prospects and Food Situation report. This level would still be below the bumper harvests in 2008 and 2009.
Wheat plantings in many countries have increased or are expected to increase this year in response to strong prices, while yield recoveries are forecast in areas that were affected by drought in 2010, the Russian Federation in particular, the report specified.
Looking back to last year's production, the FAO report notes that in the low-income food-deficit countries (LIFDCs) as a group, the 2010 cereal output rose by 5.6 percent, a development that will result in reduced cereal imports in the 2010/11marketing years.
But this will not necessarily spell much relief for these countries as their overall cereal import bill is estimated to increase by 20 percent because of higher international prices.
Wheat plantings in many countries have increased or are expected to increase this year in response to strong prices, while yield recoveries are forecast in areas that were affected by drought in 2010, the Russian Federation in particular, the report specified.
Looking back to last year's production, the FAO report notes that in the low-income food-deficit countries (LIFDCs) as a group, the 2010 cereal output rose by 5.6 percent, a development that will result in reduced cereal imports in the 2010/11marketing years.
But this will not necessarily spell much relief for these countries as their overall cereal import bill is estimated to increase by 20 percent because of higher international prices.