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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #10, 14 December 2022
Monthly Report on Food Price Trends
2022Also available in:
No results found.International prices of wheat and maize fell in November, both influenced by the extension of the Black Sea Grain Initiative. Greater export competition and low demand for supplies from the United States of America contributed to the fall in wheat prices, while in the same country, improved logistics and higher seasonal availability also helped ease maize prices. By contrast, international rice prices moved up by another 2.3 percent in November, influenced by currency appreciations against the United States dollar in some Asian suppliers and good buying interest. According to FAO’s most recent analysis, domestic staple food prices sustained their year-on-year higher levels in November. In some regions, seasonal harvests and domestic policy interventions in favour of critical food and input markets abated the pressure on prices. Price transmission from global food and energy markets, amid widespread currency depreciation, continues to reinforce the upward trend of domestic prices and is expected to push the 2022 food import bills to record levels in many countries. Adverse weather events and market disruptions from conflict and civil unrest are other contributory factors to tight supply conditions and elevated domestic staple food prices. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #9, 13 November 2024
Monthly report on food price trends
2024Also available in:
No results found.Global wheat and maize prices continued to increase in October 2024, influenced by unfavourable weather concerns in some main producing areas, transport disruptions and strong demand. By contrast, international rice prices declined, amid expectations of increased competition among exporters. FAO’s analysis of the latest available domestic food price data showed prices were below year-earlier levels, in September and October 2024, in parts of Central America and Far East Asia, owing to increased seasonal availability from harvests. Staple food prices remained high year-on-year in parts of East Africa, Southern Africa and South America due to tight domestic supplies, macroeconomic challenges and sustained demand. In West Africa, coarse grain prices hit new record highs in several markets as recent widespread flooding impeded the functioning of markets, further exacerbating existing food access challenges. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #7, 12 September 2024
Monthly report on food price trends
2024Also available in:
No results found.Global wheat prices decreased in August 2024, mostly reflecting weak international demand and larger production estimates in some major exporters. Regarding maize, concerns about crop conditions and prospects of tighter export supply contributed to slightly firmer international prices. International rice prices increased, although mixed price trends across origins and varieties kept the August increase modest. In several FAO-monitored countries, domestic staple food prices remained at high levels in July and August 2024. In South Sudan and the Sudan, food access continued to be highly constrained as prices of coarse grains reached new record highs in an environment of protracted conflict, tight domestic supply and persistent macroeconomic difficulties. In Southern Africa, food prices remained under upward pressure, amid supply shortages following the drought-reduced 2024 cereal harvests and weak currencies.
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