Cereal yield, measured as kilograms per hectare of harvested land, includes wheat, rice, maize, barley, oats, rye, millet, sorghum, buckwheat, and mixed grains. Production data on cereals relate to cr...
ops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed, or silage and those used for grazing are excluded. The FAO allocates production data to the calendar year in which the bulk of the harvest took place. Most of a crop harvested near the end of a year will be used in the following year.
----- Food price prospects ----
Weather permitting, harvests in most major grain-producing countries are expected to at least match those of 2012, more likely increase, especially in areas affected by drought last year. The March cereal report of the Food and Agriculture Organization revised upwards its 2012/13 crop year production estimates for cereals by 4 million tons from the February figure of 2,301 million tons. The report said the upward revision mainly accommodated positive adjustments in rice production, which in Asia is expected to reach 443 million tons, 4.2 million tons more than in T2011/12. As an early
indication, grain prices have been declining since December.Utilization is still expected to exceed production, keeping the demand–supply balance tight (Figure A1.23).
---Source: Food and Agriculture Administration of the United Nations. http://www.fao.org (accessed 16 March 2013)., World Bank http://data.worldbank.org/indicator/AG.YLD.CREL.KG
Never miss a thing with our weekly newsletter. We'll send you the latest and greatest infographics, news and all things Visually.
Go ahead, you can always opt out anytime with just one click.
Switch to Wordpress Code
Click below to copy
Get Notified of New Infographics
Thank you for subscribing to the Visually newsletter.
Just one last thing: we've sent you an email asking you to confirm your subscription.
Tell your story visually before December 31st and get a free iPad Air!*
The holidays are a great time to tell your brand story. From Black Friday trends and Mobile Shopping guides to the Best and Worst Times to Book Travel and Thanksgiving etiquette, the Visually team will help you craft your brand's unique stories and raise your social profile during the noisy holiday season.