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Reference Date: 17-Novermber-2014

FOOD SECURITY SNAPSHOT

  1. 2014 wheat harvest is estimated to have recovered from last year’s reduced level

  2. Wheat imports forecast to decrease in 2014/15 marketing year (October/September)

  3. Prices of wheat flour in October were generally stable but at record levels

2014 wheat production is estimated to have recovered from last year’s reduced level

Harvesting of the 2014 main season crops, mainly wheat, barley and oats, was completed with a slight delay in mid-October. Latest official estimates put the 2014 wheat production at 465 000 tonnes, 26 percent up from last year’s weather-depressed harvest. The increase in production reflects higher yields, following favourable climatic conditions between April and mid-August in the main producing areas and a 6 percent increase in sowings compared to last year’s reduced level.

Wheat imports forecast to decrease in 2014/15 marketing year (October/September)

Wheat and rice are the two major imported cereals, mainly from the Russian Federation and Kazakhstan. Cereal imports in the 2014/15 marketing year (October/September) are forecast to decrease by 19 percent from last year’s above-average level, to 105 800 tonnes. This mainly reflects anticipated lower wheat imports, which are forecast at 70 000 tonnes, 22 percent below last year’s level, based on the recovery in production this year. Similarly, rice imports in 2015 are anticipated to decrease from last year’s level to 30 000 tonnes.

Prices of wheat flour in October were generally stable but at record levels

Wheat flour prices in Ulaanbaatar were generally stable for the third consecutive month in October but were 34 percent above last year’s level. Prices are being underpinned by continued strong domestic demand and the bulk of the recent harvest having not yet entered the market.

Prices of beef and mutton meat in Ulaanbaatar have been generally decreasing since July 2014. Beef and mutton prices in Ulaanbaatar capital city market follow the usual seasonal lows during October-December and highs during May-July.

According to the Central Bank of Mongolia, the year-on-year inflation rate in October 2014 was 12 percent.













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: 2007, 2001, 2000, 1997, 1996, 1996
From FAO:
 FAO Country Profiles

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