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Reference Date: 31-March-2015

FOOD SECURITY SNAPSHOT

  1. Initial production forecast for 2015 rice points to slight recovery from last year’s low level

  2. Cereal imports in 2014 at record levels

  3. In March, potato prices decline from their high levels, rice and maize prices remain unchanged

  4. Severe rains cause localized landslides

Initial production forecast for 2015 rice points to slight recovery from last year’s low level

Planting of the main 2015 rice crop is virtually concluded. Low water levels in irrigation reservoirs at the beginning of the sowing period in January discouraged farmers from increasing plantings significantly from last year’s levels. Area sown is expected to be slightly above last year’s level. However, unseasonal rains in the second half of March are expected to benefit water levels in irrigation reservoirs which could benefit crop development and yields. Preliminary forecasts point to an output of 2.9 million tonnes of paddy rice or 2 percent up from 2014. Harvest of 2015 maize is well advanced and initial forecasts point to an increase of 8 percent from last year’s reduced levels, mainly reflecting a recovery in yields.

The 2014 aggregate cereal production was estimated at 3.9 million tonnes, 6 percent lower than the previous year’s level and the lowest level in four years. The marked decline in production mainly reflects drought during the growing season.

Cereal imports in 2014 at record levels

Cereal imports in the 2014 marketing year (January/December) rose by 8 percent from the previous year’s high level and reached close to 4.5 million tonnes. The increase reflects higher maize and rice imports, following the 2014 reduced crop levels.

Potato prices decline from their high levels in March

Prices of potatoes decreased from their high levels of previous the months in March, reflecting the entry of new product into the market from the recent harvests in the mountainous regions of Junín and Ayacucho. However, potato prices remained 47 percent higher than a year earlier, sustained by the strong demand for high quality varieties from the industrial sector and restaurants. By contrast, rice and yellow maize prices in Mach remained unchanged reflecting ample supplies in the market due to large import quantities in the previous two months.

Severe rains cause localized landslides

Heavy rains during the last week of March have caused landslides in the Lurigancho Chosica District of the Department of Lima. Official estimates point to 343 families affected with loss of life and total or partial loss of homes. Moreover, access to the area is difficult as the main highway in the Lima Department has also been impacted. The Government of Peru has declared a state of emergency and is assisting the affected populations with food and shelter.









Relevant links:
From GIEWS:
 Food Price Data and Analysis Tool
 Earth Observation Indicators
 Maps
 Seasonal Indicators
 Vegetation Indicators
 Precipitation Indicators
 Graphs & Data
 NDVI & Precipitation
From FAO:
 FAO Country Profiles

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