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Reference Date: 24-July-2014

FOOD SECURITY SNAPSHOT

  1. The 2014 cereal production anticipated to decline

  2. Imports of cereals significantly increased in the 2013/14 marketing year (July/June)

  1. Prices of potatoes plummeted in June from the record level of the previous month

The 2014 cereal production anticipated to decline

Harvesting of the 2014 winter cereals, mainly the minor wheat crop, is currently ongoing while planting of the main maize crop, accounting in average for about 77 percent of the total cereal production, is to be gathered from August. The aggregated 2014 cereal output is expected to decrease by about 11 percent compared to the bumper crop of the previous year, following below average precipitations in mid-June and the first two dekads of July, which negatively affected crop development in parts. However, the 2014 production is still slightly above the five-year average, reflecting state support measures, mainly to improve irrigation infrastructure.

Imports of cereals significantly increased in the 2013/14 marketing year (July/June)

The country covers some three-quarters of its domestic cereal consumption needs with imports, mainly of wheat as local production is of low quality and mainly used for feed. About 90 percent of wheat imports come from the Russian Federation and Kazakhstan. In spite of last year’s good cereal production, cereal imports are estimated to increase by 22 percent in the 2013/14 marketing year (July/June), driven by a build-up of stocks. Despite the increasing import volumes, the cereal import bill has remained around the previous marketing year’s level due to lower international wheat prices.

Prices of potatoes in June plummeted from the record level of the previous month

Annual general inflation and food inflation have been moderate in the past two years.

Prices of potatoes declined sharply in June from the record level of the previous month with the onset of the new harvest but remained 15 percent higher than a year earlier. Prices of wheat flour and bread were stable in June and around their levels at the same time a year earlier. However, prices of dairy products and vegetables went down in June, contributing to the month-on-month general deflation rate of the past month.









Relevant links:
From GIEWS:
 Food Price Data and Analysis Tool
 Earth Observation Indicators
 Maps
 Seasonal Indicators
 Vegetation Indicators
 Precipitation Indicators
 Graphs & Data
 NDVI & Precipitation
 Crop and Food Security Assessment Mission (CFSAM) Reports & Special Alerts: 2000, 1999
From FAO:
 FAO Country Profiles

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