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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #10, 9 December 2021
Monthly Report on Food Price Trends
2021Also available in:
No results found.Wheat export prices increased further in November, reflecting tight export availabilities. International barley and maize prices also increased, while those of rice kept broadly steady reined in by harvest progress in various Asian suppliers and scattered demand. In East Africa, prices of coarse grains followed mixed trends in November lingering at levels higher than one year ago, with exceptionally high levels still prevailing in South Sudan and the Sudan. Across most of West Africa, prices of coarse grains generally levelled off or increased in November, and remained above their year-earlier values, in particular in the regions where worsening security conditions continued to disrupt food trade and markets. In East Asia, prices of wheat grain and wheat flour continued to increase in November in several countries and were mostly well above their year-earlier levels, largely reflecting the high prices in international markets. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #2, 10 March 2023
Monthly report on food price trends
2023Also available in:
No results found.After edging down for the past three months, international prices of wheat firmed marginally in February, mostly reflecting strong demand and concerns over dry weather conditions in some major exporters. World maize prices were nearly unchanged in February, with mixed price trends among the major exporters. International rice prices eased in February, amid exchange rate movements and a slowdown in trading activities in most major Asian exporters. Latest analysis by FAO shows that domestic staple food prices generally remained at elevated levels in February 2023. Seasonal factors and price transmission from the recent weakening of international grain prices supported month‑on‑month declines in some staple food prices in parts of East Asia, South America, Southern Africa and West Africa. Nonetheless, in many countries, conflict, adverse weather events and macroeconomic challenges, particularly currency weakness, continue to drive up local prices. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #1, 10 February 2023
Monthly report on food price trends
2023Also available in:
No results found.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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