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Food Price Monitoring and Analysis (FPMA) Bulletin #1, 11 February 2025

Monthly report on food price trends











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    International prices of wheat fell again in January, as the short-term outlook for global supplies continued to improve, in particular following latest estimates of larger 2022 outputs in Australia and the Russian Federation than earlier expected. By contrast, international coarse grain prices firmed marginally, mostly reflecting the continued strong demand for maize supplies from Brazil. For rice, tighter availabilities, strong local demand in some Asian exporting countries and exchange rate movements increased international prices at an accelerated pace in January. FAO’s analysis of domestic staple food prices indicates that significantly high price levels persisted in December 2022 and January 2023, despite some evidence of easing from 2022 peaks for selected countries, including parts of Southern Africa and West Africa. Food access constraints will likely continue in the near term, amid fragile social and economic conditions in several areas, especially in the Horn of Africa. Developments in the global market, along with other concurrent shocks, including adverse weather events, conflicts and macroeconomic challenges such as currency weaknesses, will continue to influence domestic staple food price trends.
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    Food Price Monitoring and Analysis (FPMA) Bulletin #1, 13 February 2024
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    International wheat and coarse grain prices declined in January 2024 as large seasonal supplies exerted downward pressure on prices. By contrast, the FAO All Rice Price Index increased by 1.2 percent in January, largely reflecting increases in Indica quotations. FAO’s analysis of domestic staple food prices shows that high price levels persisted in December 2023 and January 2024. In most countries, domestic staple food prices remained elevated due to multiple factors, including conflicts, insecurity and extreme weather events, which constrained food availability and access. Currency weakness remains a compounding factor tightening supply, especially in net food importing countries, through reduced imports due to financial constraints and increasing debt burdens.
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    Food Price Monitoring and Analysis (FPMA) Bulletin #3, 14 April 2025
    Monthly report on food price trends
    2025
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    International prices of maize, wheat and rice dropped in March 2025. Rising trade tensions weighed on market sentiment for maize and wheat. Declines in world prices of grains were further driven by the arrival of the seasonal Southern Hemisphere supplies, weaker global import demand and diminished concerns over crop production concerns in some major exporters. International rice prices also declined, reflecting weak import demand and ample exportable supplies. FAO’s analysis of the latest available domestic staple food price data indicates that prolonged conflicts and macroeconomic challenges have sustained grain prices at elevated year-on-year levels in parts of East Africa and West Africa. In Southern Africa, white maize prices continued to increase in line with the trend that prevailed throughout most of 2024 and the first quarter of 2025. Meanwhile, in the Near East and North Africa region, prices of staple foods such as wheat flour, bread and rice have shown significant volatility over the past year, primarily due to conflicts and climate‑related events. In Central America, white maize prices in March 2025 were lower compared to last year. In South America, wheat and yellow maize prices were generally higher year-on‑year, driven by local strong demand and currency depreciation in some net‑importing countries. In the Eastern Europe, Caucasus and Central Asia region, domestic wheat flour prices remained largely stable and close to year-earlier levels across most net‑wheat importing countries. In Far East Asia and South America, rice prices were generally lower year-on-year, supported by adequate import volumes and increased local supplies from ongoing harvests.

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