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Subject 2011 Grain Harvest Falls short of consumption, Food Price Spikes Likely
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Original Message "The world's farmers produced more grain in 2011 than ever before. Estimates from the U.S. Department of Agriculture show the global grain harvest coming in at 2,295 million tonnes, up 53 million tonnes from the previous record in 2009.

"Consumption grew by 90 million tonnes over the same period to 2,280 million tonnes. Yet with global grain production actually falling short of consumption in seven of the past 12 years, stocks remain worryingly low, leaving the world vulnerable to food price shocks."

[link to www.ipsnews.net]
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