Crop Prospects and Food Situation n. 4 November 2009
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FAO’s latest forecast confirms a good 2009 world cereal production, slightly below last year’s record level, which coupled with large carryover stocks from the previous season have resulted in ample market supplies. In the group of 77 Low-Income Food-Deficit countries the 2009 aggregate cereal production is forecast marginally below last year’s record level. A sharp reduction in India’s rice crop is anticipated but generally good crops are estimated elsewhere.