date:Feb 08, 2013
urable. Despite an estimated 1 per cent increase in winter wheat plantings and prospects for spring wheat areas to expand, severe drought conditions continue to plague the southern Plains, where the condition of crops is reported to be very poor.
Given the tight supply situation, weather remains an important determinant of prices. For several cereals, production needs to increase significantly this year in order to avoid unexpected price surges, said FAO Senior Grains Economist Abdolreza Abbass