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Journal, magazine, bulletinGIEWS FPMA Bulletin #7, 10 October 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.International prices of major cereals were steady to mildly lower in September amid large export availabilities. In East Africa, prices of coarse grains in September were at levels well above those a year earlier in several countries of the subregion mainly due to reduced harvests. In the Sudan and South Sudan, the main trigger of high food prices was the strong depreciation of the countries’ currencies. In Southern Africa, prices of cereals continued to rise steeply in Zimbabwe as economic difficulties persist, while in Zambia, prices of maize products reached record highs mostly driven by supply shortages. -
Journal, magazine, bulletinGIEWS FPMA Bulletin #8, 12 November 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.International prices of wheat rose in October after declining during the past few months due to strong demand for exports and lower production prospects in key producing countries of the Southern Hemisphere. Prices of maize also increased, supported by reduced supplies in the United States of America and a pick-up in sales from Argentina and Ukraine. By contrast, slow demand and harvest pressure caused international rice prices to subside. In Southern Africa, tight supplies and currency weakness in several countries continued to support prices of the main food staple, maize, which remained at high levels across the subregion. In East Africa, prices of coarse grains in October were at levels well above those a year earlier in several countries of the subregion, mainly due to reduced harvests. In the Sudan and South Sudan, prices of coarse grains remained stable or declined slightly but were still high due to the difficult macroeconomic situation. In CIS Asia, prices of wheat flour in Tajikistan and Kyrgyzstan recorded atypical increases in October, after several months of relative stability, mainly underpinned by higher price quotations in the regional export market. -
Journal, magazine, bulletinGIEWS FPMA Bulletin #6, 10 July 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.Weather-driven factors pushed up the United States of America export prices of maize to a five-year high in June. International prices of wheat also rose, while those of rice remained generally stable. In East Africa, the ongoing harvests and beneficial late season rains, which improved crop prospects, halted the increasing trend of maize prices registered over the past several months. Prices, however, remained generally well above those a year earlier. In Southern Africa, cereal prices in Zimbabwe surged in May, following a hike in fuel prices, triggered by a weakening currency weakness, coupled with a sharply reduced 2019 harvest. In South America, domestic prices of yellow maize increased in June in key producing and exporting countries, Argentina and Brazil, due to unusually strong international demand and despite the ongoing harvests, expected at a bumper level.
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