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FAO: World cereal harvest set to hit all-time record

08.09.2017 08:02 "Agro Perspectiva" (Kyiv) Cereal harvests around the world are set to hit an all-time high, UN Radio says referring to the FAO (UN Food and Agriculture Organization) report, global cereal production is forecast to exceed 2,600 million tonnes. As to the report, worldwide stocks of cereals are also expected to reach record levels by the close of the season within 2018, latest data shows. It is to be admitted, the FAO revised forecasts reflect improved growing conditions in Russia, as well as higher corn and barley harvests there and in Brazil. As to the report, rice is also set to hit unprecedented levels within 2017, while key food commodity prices remain 6% up against last year similar.

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