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FAO report predicts 5.4% rise in cereal production in 2013
YEREVAN, May 17. /ARKA/. UN Food and Agricultural Organization (FAO)
has projected an increase in wheat production to 695 million tons in
2013, from 6 million tons in the year before, says a monthly report on
FAO official website.
Recovery from drought in the major CIS producing countries should
contribute significantly to the record global production.
Increase in Russia's wheat production is particularly important for
Armenia as Russia is practically the main grain supplier to Armenia.
According to Armenia's customs service, 83.3% of Armenia's wheat
imports were from the Russian Federation in Q1 this year.
Russian wheat imports in absolute terms totaled about 38,700 tons in
the first quarter as compared to 85,900 tons in Q1 2012.
World cereal stocks by the close of seasons ending in 2013 are
forecast at 505 million tons, up 1% (5 million tons) from the previous
forecast, according to the report.
Global wheat trade, including flour, is said to reach 139mln tons in
June-July 2012-2013, 1% lower from April forecast.
Cereals consumption will remain 2,332 million tons.
According to Armenia's national statistical service, annual cereal
consumption is 650-720,000 in the country, including 435-450,000 tons
as food. In the last five years, imports were 380-420,000 tons every
year.-0 -
YEREVAN, May 17. /ARKA/. UN Food and Agricultural Organization (FAO)
has projected an increase in wheat production to 695 million tons in
2013, from 6 million tons in the year before, says a monthly report on
FAO official website.
Recovery from drought in the major CIS producing countries should
contribute significantly to the record global production.
Increase in Russia's wheat production is particularly important for
Armenia as Russia is practically the main grain supplier to Armenia.
According to Armenia's customs service, 83.3% of Armenia's wheat
imports were from the Russian Federation in Q1 this year.
Russian wheat imports in absolute terms totaled about 38,700 tons in
the first quarter as compared to 85,900 tons in Q1 2012.
World cereal stocks by the close of seasons ending in 2013 are
forecast at 505 million tons, up 1% (5 million tons) from the previous
forecast, according to the report.
Global wheat trade, including flour, is said to reach 139mln tons in
June-July 2012-2013, 1% lower from April forecast.
Cereals consumption will remain 2,332 million tons.
According to Armenia's national statistical service, annual cereal
consumption is 650-720,000 in the country, including 435-450,000 tons
as food. In the last five years, imports were 380-420,000 tons every
year.-0 -