Global Food Crisis: Strong signs of record rice production in 2008 but prices are expected to remain high in 2008 - Myanmar/Burma disaster could worsen outlook
May 12th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Food Crisis: Rice production in Asia, Africa and Latin America is forecast to reach a new record level in 2008, the UN's Food and Agriculture Organization (FAO )said today, warning that world rice prices could remain high in the short term, as much of the 2008 crops will only be harvested by the end of the year.