Crop Prospects and Food Situation - No.5 December 2008
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As the year draws to a close, FAOs latest estimates confirm that a new record high level of global cereal production was achieved in 2008, sufficient to cover the expected increase in utilization in 2008/09 and also allow for a moderate replenishment of world reserves. Most of the increase in production this year has been among the developed countries, with that in the developing countries rising just marginally. In the developing group, outputs rose somewhat more among the Low-Income Food- Deficit Countries, especially in countries where agriculture production support was provided by governments...