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Food Price Monitoring and Analysis (FPMA) Tool

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    Journal, magazine, bulletin
    Food Price Monitoring and Analysis (FPMA) Bulletin #2, 10 March 2022
    Monthly Report on Food Price Trends
    2022
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    Prices of all major cereals increased in February. Wheat and coarse grain prices were pressured upward by supply uncertainties amidst potential disruptions to exports from the Black Sea Region. Crop condition concerns in South America continued to lend support to maize prices. Although international rice prices also edged up during February, they remained below their year-earlier levels. In most of West Africa, prices of coarse grains continued to increase and were at near-record levels. In the Sahel, prices were underpinned by reduced outputs and conflicts, while in the coastal countries, they were supported by strong export demand and currency depreciation. Reduced cross-border trade flows and higher international prices, particularly of maize, added upward pressure on domestic prices. In East Africa, prices of coarse grains followed mixed trends in February and were generally well above their year-earlier levels across the subregion. Exceptionally high levels prevailed in South Sudan and the Sudan. In Far East Asia, in Sri Lanka, prices of rice and wheat flour continued to increase, reaching record levels in February due to further depreciation of the national currency. Expectations of a below-average main “Maha” crop added to the upward price pressure in the case of rice, while upward trends in international markets provided additional support to wheat prices.
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    Journal, magazine, bulletin
    Food Price Monitoring and Analysis (FPMA) Bulletin # 9, 10 November 2020
    Monthly Report on Food Price Trends
    2020
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    International prices of grains increased sharply again in October, driven by reduced production prospects, tighter inventories and strong import demand. By contrast, international prices of rice fell further with the start of the main crop harvests and lacklustre demand. In East Africa, prices of coarse grains followed mixed trends in October, tracking seasonal patterns. In most countries, prices were around or below their year-earlier levels, except in the Sudan and South Sudan, where they reached new record highs in several markets.  The impact of insufficient supplies and macro‑economic challenges were compounded by a further recent depreciation of the currency in South Sudan and by flood‑related trade disruptions in the Sudan. In West Africa, with the beginning of the 2020 harvest, the upward surge of prices of coarse grains in Nigeria halted, but prices remained well above their historical levels as a result of the difficult macro-economic environment and the disruptive impact of COVID-19-related restrictive measures to the supply chains.

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