World cereals production is expected to remain stable this year, despite an anticipated drop from last year’s record production.
According to the latest update on global food production by the Food and Agriculture Organisation (FAO), cereal production is projected to reach 2.53 billion tonnes, this year, or one per cent below the 2014 record of around 2.56 billion tonnes.
The latest information will be good news to East Africa currently experiencing sluggish economic growth due to falling commodity prices at the international market and weakening local currencies against the dollar. All the five East African states rely on imports to meet their growing food demands. Read more. Source | East African