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Journal, magazine, bulletinGIEWS FPMA Bulletin #5, 11 June 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.Export prices of maize from the United States of America increased in May, underpinned by the impact of heavy rains in key growing areas, which also limited the decline in the export prices of wheat. International prices of rice remained generally stable. In East Africa, severe early and mid-season dryness affecting production prospects for the 2019 harvests continued to support the increases in prices of maize in several countries of the subregion. In the Sudan and South Sudan, a halt in currency depreciations contributed to a softer tone in prices of coarse grains in the past month. In Southern Africa, prices of maize came under general downward pressure in May with the start of the 2019 harvests. By contrast, in Zimbabwe, retail prices of maize and wheat flour spiked after upward price revisions by the milling industry, reflecting the continuing depreciation of the country’s currency as well as the sharply reduced production prospects for the 2019 cereal crops. -
Journal, magazine, bulletinGIEWS FPMA Bulletin #8, 12 November 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.International prices of wheat rose in October after declining during the past few months due to strong demand for exports and lower production prospects in key producing countries of the Southern Hemisphere. Prices of maize also increased, supported by reduced supplies in the United States of America and a pick-up in sales from Argentina and Ukraine. By contrast, slow demand and harvest pressure caused international rice prices to subside. In Southern Africa, tight supplies and currency weakness in several countries continued to support prices of the main food staple, maize, which remained at high levels across the subregion. In East Africa, prices of coarse grains in October were at levels well above those a year earlier in several countries of the subregion, mainly due to reduced harvests. In the Sudan and South Sudan, prices of coarse grains remained stable or declined slightly but were still high due to the difficult macroeconomic situation. In CIS Asia, prices of wheat flour in Tajikistan and Kyrgyzstan recorded atypical increases in October, after several months of relative stability, mainly underpinned by higher price quotations in the regional export market. -
Journal, magazine, bulletinGIEWS FPMA Bulletin #6, 10 July 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.Weather-driven factors pushed up the United States of America export prices of maize to a five-year high in June. International prices of wheat also rose, while those of rice remained generally stable. In East Africa, the ongoing harvests and beneficial late season rains, which improved crop prospects, halted the increasing trend of maize prices registered over the past several months. Prices, however, remained generally well above those a year earlier. In Southern Africa, cereal prices in Zimbabwe surged in May, following a hike in fuel prices, triggered by a weakening currency weakness, coupled with a sharply reduced 2019 harvest. In South America, domestic prices of yellow maize increased in June in key producing and exporting countries, Argentina and Brazil, due to unusually strong international demand and despite the ongoing harvests, expected at a bumper level.
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