Together with the Food Price Index, FAO released a new forecast of
world cereal production in 2013. This is expected to rise to 2 492
million tonnes. The forecast has been revised upwards by 14 million
tonnes (or 0.5 percent) from the July forecast as a result of higher
maize crops officially reported in Argentina and improved prospects in
the EU and Ukraine.
At the latest forecast level, global cereal production would be 179
million tonnes (7.7 percent) higher than in 2012 and a new record.
The recovery is predicted to be driven by a 10.5 percent expansion in
coarse grain output to 1 285 million tonnes as well as a 7.6 percent
rise in wheat production to 710 million tonnes.
World rice production is set to increase by 1.3 percent, reaching a new high of 497 million tonnes, in milled equivalent.
