United Kingdom – Will the food prices fall?

Food producers have sounded a cautious note following speculation that food prices are set to fall. Bigger cereal harvests in Europe and Asia have led to predictions that input costs for many food manufacturers could go down, with some savings passed on through the distribution chain to consumers.  The UN’s Food and Agriculture Organisation (FAO) said: “World cereal production will total 2,310Mt this marketing season, 3% or 68Mt higher than in 2010-11. The report said the expected recovery in global cereal production along with lower than predicted demand, are adding to downward pressures on pricing. In September, it said, “international prices of all cereals with the exception of rice fell sharply, driven by large export supplies from the Black Sea region and prospects for a weakening of demand”.

 

 

 

Text: Apinews

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About greemtorganics

Greemt is a global company specialized in the international trade of organic products. We work with producers from Argentina and Spain, who are fully certified organic according to international standards and are willing or are already exporting. Our differentiating factor is the dual physical presence in Argentina and in Europe, allowing us to be in direct contact with producers and potential worldwide buyers to drive the organic market. Our main objective is to provide quality and safety in organic products, facilitate commercial flow and establish solid relationships between organic producers and buyers, in order to generate business with high revenue.
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