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FPMA Bulletin No. 10












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    Journal, magazine, bulletin
    FPMA Bulletin #11. 10 December 2015
    Monthly Report on Food Price Trends
    2015
    International prices of wheat and maize generally declined in November and were lower than a year earlier. Overall, ample global supplies and weak export demand weighed on quotations. The FAO Rice Price Index remained on a decreasing trend, influenced by declines in Japonica and Aromatic rice prices. In Southern Africa, maize prices rose further in November and doubled their year-earlier levels in some markets, reflecting tight market supplies due to a sharp subregional production decline in 20 15. Dry conditions affecting the start of the 2016 crop season and a general depreciation of domestic currencies in the subregion added to upward pressure on prices. In East Africa, significant cereal price increases were observed in most countries of the subregion in November. Prices reached exceptionally high levels in South Sudan, due to the current economic downturn, as well as in Uganda and the United Republic of Tanzania, as a result of sustained regional demand and reduced harvests this year. In the Caribbean, below-average harvests due to prolonged dry weather associated with the El Niño phenomenon underpinned prices in November. In Haiti, prices of domestically-produced maize and beans were well above those of a year earlier, while in the Dominican Republic prices of beans were some 40 percent higher than at the same time last year.
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    Journal, magazine, bulletin
    FPMA Bulletin #6, 12 July 2018
    Monthly Report on Food Price Trends
    2018
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    International prices of wheat and maize fell in June despite generally worsening production prospects. By contrast, in rice markets, higher quotations of Japonica and fragrant rice outweighed declines in Indica rice prices. In East Africa, prices of grains in the Sudan remained at record highs in June due to concerns that 2018 plantings would be reduced by shortages and high prices of fuel and inputs, as well as a sharp depreciation of the local currency and the removal of subsidies. Similarly, a continuing currency depreciation, coupled with tight supplies and insecurity, contributed to keeping food prices at exceptionally high levels in South Sudan. In Central America, prices of white maize continued to increase seasonally in June, particularly in Nicaragua, where the ongoing social unrest contributed to push them to near-record highs. In South America, prices of yellow maize remained stable and well above their year-earlier levels in Argentina and Brazil, despite the ongoing 2018 maize harvests, mainly due to expectations of reduced outputs. Price of wheat continued to increase due to seasonally tight supplies and weakening currencies stimulating exports.
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    Book (series)
    FPMA Bulletin #3, 10 April 2015
    Monthly report on food price trends
    2015
    International cereal prices remained under downward pressure in March. Overall, quotations were well below their year-earlier levels reflecting ample global supplies. Fluctuations in the exchange rates in March continued to influence cereal price changes in importing and exporting countries of CIS and South America. Weakening national currencies continued to push cereal prices to record levels in several countries or prevent significant price declines, while appreciating currencies put downward pressure on prices. In regional exporter South Africa, maize prices continued to increase in March, although at a slower rate, supported by an anticipated sharply reduced 2015 production. In Central America, prices of staples white maize and red beans lingered well above their year-earlier levels reflecting consecutive reduced harvests. In countries affected by the Ebola Virus Disease (EVD), Liberia, Sierra Leone and Guinea, prices of local and imported rice continued to remain mostly stable, driven by increased supplies from the 2014 harvests combined with subdued demand due to the impact of Ebola on economic activities and income.

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