Maintenance. We are currently updating the site. Please check back shortly
Members login
  • TrustLaw
  • Members Portal
Subscribe Donate

FAO optimistic for cereal output rebound in 2013-economist

Source: Thomson Reuters Foundation - Thu, 11 Apr 2013 08:54 GMT
Author: Reuters
cli-ada hum-hun
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

ROME, April 11 (Reuters) - The United Nations' food agency is optimistic that cereal output will recover in 2013, which may lead to price declines, a senior economist at the agency said on Thursday.

"We are optimistic for the coming crop. The previous year was particularly bad so barring something dramatic the direction should be upwards for production," said Concepcion Calpe, senior economist at the Food and Agriculture Organisation.

"If this is what happens we could see prices trending downwards," she said.

FAO said on Thursday its food price index rose 1 percent in March, driven by a surge in dairy prices, while cereals prices held steady. (Reporting By Catherine Hornby)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular
TOPICAL CONTENT
Topical content
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs