Global Food Markets More Volatile Than Before - FAO
Weather conditions in various countries, and political tensions in the Black Sea region, have made food markets more volatile, FAO reports in the new Food Outlook. In its first major forecast for 2014, FAO puts cereal production at 2,458 million tonnes (including milled rice), down some 2.4 percent from the 2013 record, though global output is still expected to be the second largest ever.
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