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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #9, 10 November 2021
Monthly Report on Food Price Trends
2021Also available in:
No results found.International prices of all major cereals increased month on month in October. Wheat prices led the increase, with prices of rice, barley and maize being also firmer. In East Africa, prices of coarse grains followed mixed trends in October and were generally higher than one year earlier, with exceptionally high levels still prevailing in the Sudan and South Sudan. Prices were well above their year-earlier levels also in Uganda and Somalia, due to reduced availabilities, and in Ethiopia, mainly due to macro-economic difficulties and conflict‑related trade disruptions in some areas. In West Africa, prices of coarse grains decreased seasonally in October for the second consecutive month. However, prices were still significantly above their year-earlier values across the subregion, particularly in central Sahel and Lake Chad Basin, where increased conflicts continued to disrupt agricultural livelihoods, trade and markets. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #9, 11 November 2022
Monthly Report on Food Price Trends
2022Also available in:
No results found.International prices of all major cereals increased in October. Uncertainty regarding the Black Sea Grain Initiative and production concerns in some major exporting countries were the main drivers behind the month-on-month increases for both wheat and maize world prices. International rice prices also rose in October, although subdued import demand tended to limit the increases. According to FAO’s most recent analysis, domestic staple food prices in October remained at higher levels year-on-year in most monitored countries, though, compared to the previous month, prices softened in areas where harvests were recently concluded or ongoing. The underlying drivers of the higher year-on-year domestic food prices continue to include, among others, higher world prices, reduced domestic supplies of some commodities, national macroeconomic difficulties, currency depreciations, adverse weather conditions, insecurity as well as near-record to record high energy and fertilizer prices. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin # 10, 10 December 2020
Monthly Report on Food Price Trends
2020Also available in:
No results found.International prices of wheat and major coarse grains increased further in November, reflecting continued strong global demand. However, rice values remained steady with support provided by tight availabilities and currency movements in selected South East Asian exporters countering limited demand and harvest pressure in other major origins. In East Africa, prices of coarse grains increased further in the Sudan and South Sudan in November, reaching record highs in several markets of both countries, underpinned by insufficient supplies and difficult macro-economic conditions, including a sustained depreciation of the national currencies. In West Africa, prices of coarse grains eased further in Nigeria with fresh supplies from the 2020 harvest but supply chain bottlenecks amid generally difficult macro-economic conditions sustained them well above their year-earlier values, particularly in the northeast where persistent conflict exacerbated the economic challenges. In Central America, prices of maize and beans increased, especially in Guatemala, Honduras and Nicaragua, hit hard by hurricanes Eta and Iota.
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