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NewsletterFPMA Bulletin #11, 11 December 2017 2017International prices of wheat and maize remained relatively stable in November, reflecting good supply conditions, while export quotations of rice strengthened amid increased buying interest and currency movements. In East Africa, prices of cereals in November continued to decline in most countries with the ongoing 2017 harvests and were at levels around or below those a year earlier with a few exceptions. By contrast, in the Sudan, prices surged and reached record highs in some markets, mainly underpinned by the sharp depreciation of the Sudanese Pound in the parallel market. In Central America, prices of white maize eased in November as market flows returned to normal, after disruption caused by severe rains in the previous month. Good domestic availabilities kept prices at levels below those a year earlier.
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Journal, magazine, bulletinFPMA Bulletin #10, 10 November 2017
Monthly Report on Food Price Trends
2017The benchmark US wheat price declined in October mostly because of higher supply prospects while maize quotations firmed due to rain-induced harvest delays. International rice prices strengthened in October, mainly reflecting seasonally tight Japonica and fragrant supplies. In East and West Africa, cereal prices declined in October with the 2017 ongoing or recently-started harvests. However, concerns over crop outputs and civil insecurity kept prices at high levels in some countries, particular ly in Ethiopia, Nigeria and South Sudan. In Central America, heavy rains in October led to unseasonal increases in maize and bean prices. They remained, however, at levels well below those a year earlier as a result of adequate domestic supplies, following the overall good outputs in 2016 and the 2017 first season harvests. -
NewsletterFPMA Bulletin #6, 10 July 2017 2017International wheat prices generally increased in June on quality concerns amid unfavourable growing conditions for the 2017 crops in some key producing countries. Export prices of maize remained generally unchanged, while rice quotations continued to increase mainly on account of strong demand. In East Africa, cereal prices either remain stable or declined in June with the new 2017 harvests, but remained at near-record levels in several countries. Prices increased sharply in the past several m onths, due to tight supplies because of drought-reduced 2016 second season crops and concerns about the overall performance of this year’s harvests following poor rains and crop pests. In Asia, sustained demand further underpinned domestic prices of rice in exporting countries in June. Elsewhere in the subregion, rice prices rose further and reached record highs in Bangladesh, reflecting losses incurred in the 2017 main season crop, coupled with reduced production and imports in 2016. In Sri La nka, an anticipated reduction in the 2017 output continued to support prices of rice.
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