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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #10, 14 December 2022
Monthly Report on Food Price Trends
2022Also available in:
No results found.International prices of wheat and maize fell in November, both influenced by the extension of the Black Sea Grain Initiative. Greater export competition and low demand for supplies from the United States of America contributed to the fall in wheat prices, while in the same country, improved logistics and higher seasonal availability also helped ease maize prices. By contrast, international rice prices moved up by another 2.3 percent in November, influenced by currency appreciations against the United States dollar in some Asian suppliers and good buying interest. According to FAO’s most recent analysis, domestic staple food prices sustained their year-on-year higher levels in November. In some regions, seasonal harvests and domestic policy interventions in favour of critical food and input markets abated the pressure on prices. Price transmission from global food and energy markets, amid widespread currency depreciation, continues to reinforce the upward trend of domestic prices and is expected to push the 2022 food import bills to record levels in many countries. Adverse weather events and market disruptions from conflict and civil unrest are other contributory factors to tight supply conditions and elevated domestic staple food prices. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #10, 13 December 2023
Monthly report on food price trends
2023Also available in:
No results found.International cereal prices continued their downward trend in November. Seasonal harvest pressure contributed to the decline in world prices of coarse grains and wheat. The FAO All Rice Price Index remained stable month-on-month, amid contrasting price trends across origins and market segments. In most countries monitored by FAO, annual food inflation remained elevated in November, with domestic staple food prices registering higher levels year-on-year. Multiple concurrent shocks, including conflict, insecurity and extreme weather events linked to the prevailing El Niño phenomenon, have continued to constrain food production and marketing activities in some countries. Macroeconomic difficulties, such as currency, weakness remained a compounding factor underlying the high food price levels, particularly in net food importers. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #10, 9 December 2021
Monthly Report on Food Price Trends
2021Also available in:
No results found.Wheat export prices increased further in November, reflecting tight export availabilities. International barley and maize prices also increased, while those of rice kept broadly steady reined in by harvest progress in various Asian suppliers and scattered demand. In East Africa, prices of coarse grains followed mixed trends in November lingering at levels higher than one year ago, with exceptionally high levels still prevailing in South Sudan and the Sudan. Across most of West Africa, prices of coarse grains generally levelled off or increased in November, and remained above their year-earlier values, in particular in the regions where worsening security conditions continued to disrupt food trade and markets. In East Asia, prices of wheat grain and wheat flour continued to increase in November in several countries and were mostly well above their year-earlier levels, largely reflecting the high prices in international markets.
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