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FPMA Bulletin #11, 11 December 2017










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    Journal, magazine, bulletin
    FPMA Bulletin #10, 10 November 2017
    Monthly Report on Food Price Trends
    2017
    The benchmark US wheat price declined in October mostly because of higher supply prospects while maize quotations firmed due to rain-induced harvest delays. International rice prices strengthened in October, mainly reflecting seasonally tight Japonica and fragrant supplies. In East and West Africa, cereal prices declined in October with the 2017 ongoing or recently-started harvests. However, concerns over crop outputs and civil insecurity kept prices at high levels in some countries, particular ly in Ethiopia, Nigeria and South Sudan. In Central America, heavy rains in October led to unseasonal increases in maize and bean prices. They remained, however, at levels well below those a year earlier as a result of adequate domestic supplies, following the overall good outputs in 2016 and the 2017 first season harvests.
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    Journal, magazine, bulletin
    FPMA Bulletin #4, 10 May 2017
    Monthly Report on Food Price Trends
    2017
    International wheat prices generally declined in April, on account of ample supplies and generally favourable outlook for the 2017 harvest. Export prices of maize remained under downward pressure, mainly reflecting expectations of bumper crops in Southern Hemisphere countries. By contrast, international rice prices increased, supported by a rebound in trade activity, especially due to accelerated sales to countries of the Near East. In East Africa, cereal prices rose further in April and reache d record or near‑record levels in most countries. Prices were underpinned by tight supplies, following drought-reduced 2016 second season outputs, and uncertain prospects for the upcoming 2017 harvests due to drier‑than‑average conditions and armyworm infestation affecting key‑growing areas. In Southern Hemisphere countries, favourable maize production prospects kept domestic prices under downward pressure in April and below their year-earlier levels. In Brazil, where a bumper first season crop is being harvested, maize prices declined sharply in April and averaged some 40 percent lower than a year earlier. In South Africa, expectations of a near‑record output pushed down white maize prices for the fourth consecutive month to less than half their year-earlier levels.
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    Newsletter
    FPMA Bulletin #8, 11 September 2017 2017
    International prices of wheat dipped in August, after increasing in the past few months, following an upturn in production prospects in the Black Sea region which improved the 2017 global supply outlook. Maize quotations also fell on improved weather conditions and abundant global supplies. International prices of rice were relatively stable, although price movements were mixed across the different rice market segments. In East Africa, prices of cereals generally continued to decline with the n ew harvests. The main exception was Ethiopia, where prices increased further at a fast pace, underpinned by the poor performance of the secondary season harvest and concerns over the main season crop, soon to be gathered. In Asia, domestic prices of rice decreased or remained relatively stable in August, amid generally favourable prospects for the 2017 paddy crops, about to be harvested, and a slowdown in demand. In Bangladesh and Sri Lanka, despite recent decreases, prices remained higher than a year earlier, mainly due to weather-related losses of main season crops, gathered earlier in the year.

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