Pakistan and China are expected to have near-record wheat harvests in 2016, the UN Food and Agriculture Organisation (FAO) said in its first global forecast for the commodity in the current year on Friday.
The FAO forecast for the world’s 2016 wheat harvest projected 723 million tonnes of total production, about 10 million tonnes below last year’s record output.
India’s output is anticipated to recover, although FAO’s latest cereal supply and demand brief forecasts a 1.4 per cent drop worldwide in 2016 due mainly to dry weather leading to reduced winter plantings in Russia and Ukraine.
Meanwhile, overall food prices remained steady in …read more
Source: Pakistan Today
