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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #8, 11 October 2024
Monthly report on food price trends
2024Also available in:
No results found.Global wheat prices increased in September 2024, driven by concerns over unfavourable weather conditions in a number of key exporting countries. International maize prices also increased as low river levels in Brazil and the United States of America caused logistical disruptions. By contrast, export quotations of Indica rice declined, amid generally quiet trading activity. FAO’s analysis of the latest available domestic price data reveals some year-on-year price softening for food staples in August and September 2024 in parts of Central America, East Africa and Far East Asia. However, the persistence of multiple concurrent shocks, including adverse weather conditions, conflicts and macroeconomic difficulties, continue to keep prices of key staples higher than last year’s levels in most Southern and West African countries, as well as in Argentina, Haiti, Myanmar, the Sudan and South Sudan. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #3, 14 April 2025
Monthly report on food price trends
2025Also available in:
No results found.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. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #4, 12 May 2025
Monthly report on food price trends
2025Also available in:
No results found.Prices of all major cereals increased slightly in April 2025. Tighter exportable surpluses in some major exporters, currency movements and trade policy developments counteracted each other on wheat and maize markets. International rice prices increased slightly, as demand for fragrant varieties strengthened and seasonal downward pressure on prices diminished in Viet Nam. FAO’s analysis of domestic staple food prices for March–April 2025 highlights persistent influences from extreme weather, prolonged conflicts, currency fluctuations and food-related policy measures. Maize prices declined across most of Southern Africa, reflecting expectations of supply recovery in 2025 following drought-affected harvests in 2024. By contrast, domestic production shortfalls fuelled maize price increases in parts of Central and South America. In Eastern Europe, the Caucasus and Central Asia, wheat flour prices remained generally stable, with moderate increases in Ukraine and Kazakhstan. Rice prices mostly eased across Far East Asia, supported by favourable harvest expectations. In West and East Africa, coarse grain prices remain high driven by localized production shortfalls, currency depreciation and conflict‑related access constraints. In the Near East and North Africa region, despite some stabilization in recent months, reduction of subsidies have sustained elevated wheat flour and bread prices in the Islamic Republic of Iran and Lebanon.
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