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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin # 1, 10 February 2021
Monthly Report on Food Price Trends
2021Also available in:
No results found.International prices of maize surged in January amid shrinking global export supplies and large purchases by China (mainland). Prices of wheat and barley also increased significantly, supported by strong import demand. Export prices of rice increased for a second successive month reflecting robust demand from Asian and African buyers, combined with tight supplies in Thailand and Viet Nam, two major exporting countries. In East Africa, prices of coarse grains generally followed mixed trends in January. In most countries, prices were around or below their year-earlier levels, except in the Sudan and South Sudan, where despite some seasonal declines, they were still at near‑record highs, underpinned by insufficient supplies and severe macro-economic difficulties, including continuous and sustained depreciation of the local currencies. In Central America, despite the ongoing second season harvest, prices of beans increased further in January and were well above their year-earlier levels, especially in Guatemala, Honduras and Nicaragua, reflecting crop losses caused by the two consecutive hurricanes in November 2020. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin # 9, 10 November 2020
Monthly Report on Food Price Trends
2020Also available in:
No results found.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. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #2, 10 March 2021
Monthly Report on Food Price Trends
2021Also available in:
No results found.International wheat prices were generally stable in recent weeks but those of coarse grains continued to increase amid strong import demand. International rice prices also firmed, driven by demand for lower quality Indica and Japonica varieties. In East Africa, prices of coarse grains generally followed mixed trends in February. In most countries, prices were around or below their year-earlier levels, except in the Sudan and South Sudan, where they were at near-record to record levels, underpinned by insufficient supplies and severe macro‑economic difficulties, including continuous and sustained depreciation of the local currencies. In Central America, prices of beans mostly decreased in February with the start of the “Apante” season harvest, but remained well above their year-earlier values because of the significant increases in the past two months due to crop losses caused by two consecutive hurricanes in November 2020.
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