https://www.bbc.co.uk/apps/ifl/worldservice/quiznet/quizengine?quiz=1255_business
The outlook f.. global cereal supplies i. 2013/14 marketing season has improved since the last report in March. FAO’s estimate for world cereal production i. 2013 has been raised b. 6 million tonnes t.2 521 million tonnes (including rice in milled terms). The latest adjustments reflect higher estimates for production of coarse grains and rice in several countries. The FAO’s forecast f.. ending stocks has also been raised and world trade is set to increase significantly more than earlier expected.
World wheat production in 2014 is forecast a. 702 million tonnes, d… 2 million tonnes f.. the March forecast and 2 percent l…. than last year’s record harvest. In Canada, reduced plantings could result i. a significant (22 percent) d… in production. B. contrast, wheat production is anticipated to rise b. (3.5 percent) in the United States, assuming good results from spring plantings and despite the adverse impact of continued dryness on winter crops. In the EU, overall prospects are good and production could in….. somewhat. In Australia, production could d…… from last year’s above average level, mostly on drier conditions. China expects to top slightly last year’s bumper harvest, owing t. higher plantings, while in India, official forecasts point t. a record production. In the major producing CIS states, yields are expected to f… from the relatively h… levels in 2013, which may result i. lower production in Kazakhstan, the Russian Federation and Ukraine. Regarding early production prospects f.. coarse grains, conditions in southern hemisphere countries are mixed. The outlook is generally f……… in southern Africa, where plantings h… already taken place. In South Africa, maize production could i……. (by 5 percent), on an expected yield recovery. In Southern America, conditions are positive in Argentina but production of the first maize crop in Brazil could be adversely affected b. unfavourable weather. A…….. to the first FAO forecast, world rice production in 2014 could r…by a modest 0.8 percent t. 500.7 million tonnes (milled basis), as growth is l….. to be dampened b. falling world prices and fears of a recurring el Niño event. In those countries located along and south of the equator, where the 2014 season crops are ap…….. the harvest stage, production is seen r….. in Brazil, Indonesia and Madagascar, while dro…. problems are anticipated to depress output in Australia, Peru, Sri Lanka and Tanzania. In t.. northern hemisphere, where crops are s… to be planted, prospects point to gr…. in China, India, Myanmar, the Philippines and the United States, while the removal of price support in Thailand may prompt farmers in the country to r….. plantings and production.
https://www.bbc.com/news/business-27184185
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