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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #7, 14 September 2023
Monthly report on food price trends
2023Also available in:
No results found.Seasonal supplies continued to weigh on the world prices of wheat and maize in August 2023, as their harvesting operations were concluded in the Northern and Southern Hemisphere, respectively. By contrast, international rice prices rose to their highest level in 15 years, in nominal terms, largely reflecting trade disruptions registered in the aftermath of India’s July ban on Indica white rice exports. In most countries monitored by FAO, domestic prices of basic food commodities persisted at year-on-year higher levels in July and August 2023 due to the impact of conflict and insecurity, adverse weather, high prices of agricultural inputs, elevated distribution costs and currency weaknesses. On a monthly basis, domestic rice prices increased seasonally in most countries in East Asia, while supplies from 2023 harvests supported a decline in maize prices in Southern Africa and South America. In Eastern Europe, Caucasus and Central Asia countries and in East Asia, ample carryover stocks and supplies from recent harvests underpinned month-on-month declines in wheat and wheat flour prices. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #7, 12 September 2024
Monthly report on food price trends
2024Also available in:
No results found.Global wheat prices decreased in August 2024, mostly reflecting weak international demand and larger production estimates in some major exporters. Regarding maize, concerns about crop conditions and prospects of tighter export supply contributed to slightly firmer international prices. International rice prices increased, although mixed price trends across origins and varieties kept the August increase modest. In several FAO-monitored countries, domestic staple food prices remained at high levels in July and August 2024. In South Sudan and the Sudan, food access continued to be highly constrained as prices of coarse grains reached new record highs in an environment of protracted conflict, tight domestic supply and persistent macroeconomic difficulties. In Southern Africa, food prices remained under upward pressure, amid supply shortages following the drought-reduced 2024 cereal harvests and weak currencies. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #7, 11 September 2025
Monthly report on food price trends
2025Also available in:
No results found.Global maize and wheat prices exhibited divergent trends in August 2025 depending on origin. In the United States of America, strong harvest prospects pushed prices down, while in the European Union and the Russian Federation, harvest delays and quality concerns drove wheat quotations higher. By contrast, international rice prices declined, reflecting continued intense competition among exporters. In most domestic markets monitored by FAO, conflicts, currency fluctuations and extreme weather events remain the main drivers of year-on-year increases in staple food prices. In the Near East, wheat flour prices were higher year-on-year, particularly in countries that have recently phased out key government subsidies. In Eastern Europe, the Caucasus and Central Asia, strong domestic demand kept prices elevated, with conflict-related logistical disruptions persisting as a major factor in Ukraine. In East Africa, coarse grain prices were generally higher on a yearly basis, with sharp surges recorded in parts of the Sudan following the recent escalation in conflict. By contrast, ample supplies from strong harvests exerted downward pressure on rice prices in Far East Asia and maize prices across Southern Africa and South America. In West Africa, above-average 2024 harvests and government measures to safeguard domestic supply levels drove prices down.
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