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Reference Date: 03-February-2014

FOOD SECURITY SNAPSHOT

  1. 2013 maize production forecast to increase

  2. Cereal imports projected firm in 2013/14 marketing year (July/June)

  3. Price of main staples remain stable in January but high for beans

2013 maize production forecast to increase

Harvesting of the 2013 third minor maize season “de apante”, mainly composed of red kidney beans is ongoing. Initial estimates put the maize harvest at almost 41 000 tonnes or almost 31 percent up from the same season a year ago. Harvest of the second “de postrera” maize season was virtually completed in December. Maize production was estimated at 17 percent lower than last year’s same season, mainly due to lower plantings in response to the bumper crop of the main “de primera” season when above average yields were obtained. In aggregate, the 2013 maize output, (first, second and “apante” seasons) is forecast at 497 500 tonnes or 6 percent higher than the 2012 production.

Harvesting of the “de apante” season bean crop, accounting for about one-third of the annual output is also underway. A sharp reduction in the area planted, following the good harvest of the first and second season, might be partially offset by the favourable weather during the season.

Cereal imports in 2013/14 marketing year projected to remain firm

Cereal imports for the 2013/14 marketing year (July/June) are forecast at 415 000 tonnes close to last year’s high level. Most of this volume is maize, imports of which are forecast to increase reflecting the high demand for the animal feed industry. By contrast, wheat imports are anticipated to remain relatively stable.

Price of main staples remain stable in January but high for beans

Reflecting this year’s good harvest, prices of key staple white maize remained relatively unchanged in January and they were almost 10 percent lower than a year earlier.

Rice prices also remained stable, declining by only 1 percent in January. However prices were 7 percent higher than in January 2013 mainly reflecting a seasonal increase since the next harvest will not begin until March.

Prices of beans, another important staple in the local diet, remained relatively unchanged from December increasing by less than 1 percent. However, prices were almost 26 percent higher from the very low levels of a year earlier. The increase in prices reflects this year’s reduction in area planted.









Relevant links:
From GIEWS:
 Food Price Data and Analysis Tool
 Main Food-related Policy Measures (From 1 Jan 2008 to 11 Oct 2011)
 Crop and Food Security Assessment Mission (CFSAM) Reports & Special Alerts: 1999
From FAO:
 FAO Country Profiles

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