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Food prices down slightly but remain high, reports FAO
date:May 07, 2012
$1.29 trillion).


Oilseeds reduction

After two years of what it describes asrelatively ample suppliesthe market for oilseeds and derived products is set to tighten again with global oilcrop production insufficient to satisfy growing demand.


Global soybean production is estimated to decrease by around 10%, with oilcrops other than soybeans only partly compensating for the shortfall.


The report warned that as a result total oilcrop production should drop to a three-year low, down 4% from l

12/19 10:27