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Global food price monitor
10 September 2013
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Key messages
 International maize prices slumped in August in anticipation of significantly improved global supplies in 2013/14. Wheat prices changed little compared to July. Export prices of rice declined with the release of public stocks in main exporting countries.

 In South America, prices of wheat have surged in recent months in several exporting and importing countries and in August were around record levels. Prices were underpinned by reduced export availabilities and deteriorating prospects for this year’s crop.

 In Southern Africa, maize prices increased sharply in August in several markets, particularly in Malawi and Mozambique, and overall were well above their levels a year earlier. Lower 2013 harvests in some countries and a reduced regional output supported prices.

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  Related links:
   FAO GIEWS Food Price Data and Analysis Tool
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