date:May 12, 2014
uction lower in 2014, especially in Asia. In Thailand, a softening of producer prices could be the main factor leading to a contraction in rice planting and production.
While production may be lower, international trade could expand to record levels in 2014, sustained by ample supplies in exporting countries and increased purchases by traditional importers like Bangladesh, Indonesia and the Philippines.
The 2014 global food import bill could stabilize at $1.29 trillion but animal product bills