Going Green

Wednesday, November 7, 2007

High Cereal Prices Expected to Continue Globally

Good for the farmers -- not so good for the cattle feeders in this country.

FAO forecasts continued high cereal prices

Unfavourable weather, low stocks, tight supplies amid strong demand cited as causes

7 November 2007, London/Rome - Global cereal prices are expected to remain at high levels for the coming year due largely to problems in production in several major exporting countries and very low world stocks, warns the latest Food Outlook report issued today by FAO in London.

FAO expects many countries will pay...(complete article here).

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