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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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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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NewsletterFPMA Bulletin #7, 10 August 2017 2017International prices of wheat rose further in July on quality concerns, particularly for higher protein wheat, although upward pressure was limited by prospects of ample global supplies. Export prices of maize remained generally unchanged, while a slowdown in demand capped gains in rice quotations. In East Africa, prices of cereals in most countries declined significantly for the second consecutive month in July with the new harvests, but remained generally higher than a year earlier. However, i n Ethiopia, prices of maize surged further and reached record levels, underpinned by uncertain prospects for the 2017 crops. In the CIS, prices of staple potatoes declined sharply from the record or near-record highs of June in most countries of the subregion with the beginning of the new harvest. Prices, however, remained higher than in July last year after the sharp increases of the past months.
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