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World cereal production to rise 6.5 pct in 2013/14-FAO

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World cereal production is expected to rise 6.5 percent in 2013/14 to reach a record 2.46 billion tonnes, mainly due to higher wheat output and a rebound in maize production in the United States, the United Nations food agency said on Thursday. A likely replenishment in world cereal stocks could lead to easing prices in the new season, the Food and Agriculture Organization (FAO) said in its biannual Food Outlook report.