World grain stockpile heads for 15-year high, food prices flat
Swollen by record wheat and corn harvests, the global inventory of cereal grains will be the largest in 15 years, up 8 percent this year, says the UN Food and Agriculture Organization. The stocks-to-use ratio would be 25 percent – a comfortable three-month supply, says FAO’s Cereal Supply and Demand Brief. While wheat and corn crops… » Read More
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