Carryover stocks at the end of this crop year are projected to drop to 57 days of consumption, the shortest buffer since a 56-day-low in 1972 triggered a doubling of grain prices
Media Release
Jun. 15, 2006

Carryover stocks at the end of this crop year are projected to drop to 57 days of consumption, the shortest buffer since a 56-day-low in 1972 triggered a doubling of grain prices.

"World carryover stocks of grain, the amount in the bin when the next harvest begins, are the most basic measure of food security. Whenever stocks drop below 60 days of consumption, prices begin to rise," EPI President Lester Brown said in a paper released on Wednesday.

"With carryover stocks of grain at the lowest level in 34 years, the world may soon be facing high grain and oil prices at the same time. For scores of low-income countries that import both oil and grain, this prospect is a sobering one," Brown observed.

Carryover stocks at the end of this crop year are projected to drop to 57 days of consumption, the shortest buffer since a 56-day-low in 1972 triggered a doubling of grain prices
Media Release
The grain prices can double soon like in 1972.
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Media Release
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Media Release
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