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NewsletterFPMA Bulletin No. 10 2015International prices of maize and wheat generally increased in October. Maize prices were underpinned by further downward revisions of the 2015 production forecasts in key exporting countries, while lingering concerns about inadequate precipitation for planting of the 2016 winter wheat crop in the Black Sea Region and in the United States of America supported wheat prices. The FAO Rice price Index remained under pressure driven by declines in Aromatic and Japonica rice segments. In Southern Afr ica, prices of maize continued to increase in October, reaching levels well above those of a year earlier, particularly in South Africa and Malawi, reflecting tight market supplies due to a sharp subregional production decline this year. In Central America, prices of white maize decreased sharply in October with the completion of the 2015 main season harvests and imports improving supplies. Prices, however, remained above their year-earlier levels in most countries supported by the reduced fir st season outputs and concerns about second season harvest prospects. Weak national currencies continued to put upward pressure on domestic cereal prices in countries of the CIS and South America, with largest depreciations recorded in Kazakhstan and Brazil over the past few months.
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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #4, 11 May 2022
Monthly Report on Food Price Trends
2022Also available in:
No results found.International prices of coarse grains fell in April as maize harvests in Argentina and Brazil helped ease pressure on maize markets. By contrast, wheat prices edged upwards as global supply tightness persisted amidst the significantly reduced exports from Ukraine due to war-related impacts on export supply chains. For rice, strong Asian demand and weather setbacks in the Americas drove international prices up during April. In West Africa, new record high prices of coarse grains were reported in several countries, driven by a seasonal uptick in demand, lower cross‑border trade flows and higher international commodity prices. Conflicts in the Sahel and weak currencies in coastal countries added upward pressure on domestic prices. In East Africa, prices of coarse grains remained firm or increased further in April and continued to be well above their year-earlier levels across the subregion. Exceptionally high price levels continued to prevail in South Sudan and the Sudan. In Far East Asia, in Sri Lanka, prices of rice and wheat flour increased further in April to new highs mostly due to the sustained effects of precipitous currency depreciation and the below-average 2022 “Maha” crop output. In South America, prices of wheat in April remained significantly higher year on year and at record highs in some countries, owing to strong international demand in exporting countries and elevated international quotations in net-importing countries. -
Book (series)FPMA Bulletin #4, 8 May 2015
Monthly report on food price trends
2015International prices of wheat declined in April as 2015 crop prospects in main exporting countries continued to improve. Maize prices remained unchanged, while rice quotations from most origins weakened mainly on account of subdued export demand. In exporter South Africa, domestic maize prices decreased in April, after strong gains since January, pressured by a combination of lower international prices and slightly improved 2015 production prospects. In southern countries of East Africa, maize prices rose sharply in April, with seasonal upward pressure exacerbated by reduced 2015 outputs in some areas and strong regional export demand. Prices, however, remained below their high levels a year earlier. In CIS importing countries, weak national currencies kept wheat flour prices high, particularly in Tajikistan. By contrast, in exporter Ukraine some recovery of the national currency contributed to a slowdown in export sales, which coupled with favourable 2015 crop prospects, pushed pri ces down, halting the sharp increases of the previous months. In Central America, prices of the main staple maize remained well above year-earlier levels in most countries, supported by low regional market supplies following drought-reduced harvests in 2014/15.
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