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GIEWS Special Alert No. 344 - Zimbabwe, 15 February 2019

Food insecurity conditions aggravated by rapid and significant price increases












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    Journal, magazine, bulletin
    GIEWS FPMA Bulletin #6, 10 July 2019
    Monthly Report on Food Price Trends
    2019
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    Weather-driven factors pushed up the United States of America export prices of maize to a five-year high in June. International prices of wheat also rose, while those of rice remained generally stable. In East Africa, the ongoing harvests and beneficial late season rains, which improved crop prospects, halted the increasing trend of maize prices registered over the past several months. Prices, however, remained generally well above those a year earlier. In Southern Africa, cereal prices in Zimbabwe surged in May, following a hike in fuel prices, triggered by a weakening currency weakness, coupled with a sharply reduced 2019 harvest. In South America, domestic prices of yellow maize increased in June in key producing and exporting countries, Argentina and Brazil, due to unusually strong international demand and despite the ongoing harvests, expected at a bumper level.
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    Journal, magazine, bulletin
    GIEWS FPMA Bulletin #2, 12 March 2019
    Monthly Report on Food Price Trends
    2019
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    International prices of wheat fell in February mainly on account of a weaker pace in exports, while prices of maize generally increased. International prices of rice held steady, with a decline in Indica prices offsetting increases in those of Japonica varieties. In Southern Africa, tight supplies from the 2018 reduced outputs and uncertain 2019 production prospects continued to provide upward pressure to the prices of maize in most countries of the subregion. In Zimbabwe, prices of food remained at elevated levels, supported by the lingering effects of economic shocks, including significantly higher raising production costs and causing supply shortages. In East Africa, in the Sudan and South Sudan, currency depreciations and high production costs continued to underpin food price increases, pushing them to extremely high levels in February. In Somalia, recent crop losses supported the prices of coarse grains, which remained, however, lower than a year earlier.
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    Newsletter
    GIEWS Special Alert No. 343 - Southern Africa - 26 February 2018
    Erratic rains and an intense dry period in January lowers 2018 cereal production prospects
    2018
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    Erratic precipitation and well below-average rains in January have lowered Southern Africa’s overall 2018 cereal production prospects. Current national maize stocks are forecast at above-average levels due to the record outputs in 2017; this should partly cushion the expected production declines in 2018. Reduced harvests are still foreseen to intensify food insecurity in 2018, increasing the number of people in need of assistance; however, humanitarian needs expected to remain below the levels of 2016.

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