date:Jul 14, 2014
Jose Graziano Da Silva, director-general of the FAO, said at the press conference. The time of very low prices is over.
Global production of wheat was estimated at 710.5 million metric tons in 2014, up from 692.1 million tons on average in the prior three seasons, according to the report. Output may reach 778.1 million tons by 2023. Total production of coarse grains will be 1.273 billion tons this year, versus the prior average of 1.208 billion tons and a projection of 1.418 billion in 2023.