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- Global food prices fall in August, FAO ups crop forecasts
By Catherine Hornby ROME (Reuters) - Global food prices fell in August for the fourth month running, according to the United Nations' food agency which again raised its 2013/14 forecast for grain production. The Food and Agriculture Organisation (FAO) said on Thursday that cheaper food last month reflected declines in corn, wheat and edible oils prices. Food prices surged during the summer of ...
Sept. 5, 2013 - Reuters via Yahoo! News - Ag markets were quite mixed Thursday morning
International news seemed to depress the crop markets Wednesday night. The FAO stated overnight that it expects 2013/14 world cereal production to rise 0.5% to 2.492 billion tonnes, which may have offset talk that China could import 20-30 million tonnes of corn during the coming weeks.
Sept. 5, 2013 - Dairy Herd