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Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin # 4, 12 May 2020
Monthly Report on Food Price Trends
2020Also available in:
No results found.Export prices of wheat increased in April due to strong international demand amid export control measures in the Black Sea region. International prices of rice also increased following temporary export restrictions and logistical bottlenecks in some exporting countries. By contrast, prices of maize plummeted on account of large global supplies and weaker demand for biofuel and animal feed. Disruptions to food supply chains and stronger demand triggered by the COVID-19 pandemic continued to underpin food price increases in April in several countries. In East Africa, in the Sudan and South Sudan, the upward pressure on prices of staple foods from the difficult macro-economic conditions and tight domestic availabilities was further exacerbated by trade and marketing disruptions related to the COVID-19 pandemic. In Southern Africa, the start of the main season harvest led to an increase in market supplies and instigated seasonal price declines of maize grain in several countries in April. Prices, however, remained well above their year-earlier levels due to the effects of reduced harvests in the previous year. -
Journal, magazine, bulletinFood Price Monitoring and Analysis (FPMA) Bulletin #4, 11 May 2022
Monthly Report on Food Price Trends
2022Also available in:
No results found.International prices of coarse grains fell in April as maize harvests in Argentina and Brazil helped ease pressure on maize markets. By contrast, wheat prices edged upwards as global supply tightness persisted amidst the significantly reduced exports from Ukraine due to war-related impacts on export supply chains. For rice, strong Asian demand and weather setbacks in the Americas drove international prices up during April. In West Africa, new record high prices of coarse grains were reported in several countries, driven by a seasonal uptick in demand, lower cross‑border trade flows and higher international commodity prices. Conflicts in the Sahel and weak currencies in coastal countries added upward pressure on domestic prices. In East Africa, prices of coarse grains remained firm or increased further in April and continued to be well above their year-earlier levels across the subregion. Exceptionally high price levels continued to prevail in South Sudan and the Sudan. In Far East Asia, in Sri Lanka, prices of rice and wheat flour increased further in April to new highs mostly due to the sustained effects of precipitous currency depreciation and the below-average 2022 “Maha” crop output. In South America, prices of wheat in April remained significantly higher year on year and at record highs in some countries, owing to strong international demand in exporting countries and elevated international quotations in net-importing countries. -
Journal, magazine, bulletinGIEWS FPMA Bulletin #9, 11 December 2019
Monthly Report on Food Price Trends
2019Also available in:
No results found.International prices of wheat generally rose in November although large global supplies capped the increases, those of maize also increased except in the United States of America, where they softened amid a slow pace in export sales. International prices of rice fell to six-month lows, pressured by new crop arrivals and sluggish demand. In Southern Africa, food prices continued to climb steeply in Zimbabwe amidst an economic crisis. Elsewhere, tight supplies and weak currencies continued to exert upward pressure on cereal prices, which were significantly higher on a yearly basis and at record highs in several countries. In East Africa, prices of coarse grains generally increased in November and reached high levels on a yearly basis, with seasonal trends compounded by reduced harvests in several countries and by a difficult macroeconomic situation in the Sudan and South Sudan. In CIS Asia, prices of wheat flour in Tajikistan and Kyrgyzstan continued to record atypical increases in November, underpinned by higher price quotations in the regional export market.
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