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Global food price monitor
10 February 2014
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Key messages
 
 Export prices of wheat declined for the third consecutive month in January, mainly reflecting ample global supplies. Prices of maize and rice changed little since December.

 In South Africa, maize prices rose by one-third in the past two months reaching record levels in January.Prices were underpinned by tight supplies following a sharp reduction in the 2013 white maize production and strong yellow maize exports, coupled with uncertain prospects for the 2014 crop.

 In South America, wheat flour prices remained at near-record highs in several countries despite marked declines in wheat prices with the recently completed 2013 harvest, as millers were still working mostly with higher-priced old crop supplies.



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   FAO GIEWS Food Price Data and Analysis Tool
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