Strong local demand, low stock levels, conflict-related market disruptions and localized production shortfalls kept millet prices higher on a yearly basis in many markets in February 2025.

Rapid increase in maize grain prices in February 2025 to new peaks.

Market disruptions due to persisting conflict and localized production shortfalls in 2024 contributed to higher year-on-year prices of coarse grains in February 2025.

Retail prices of rice declined marginally in February but remained at near-record highs, driven primarily by high production and transport costs and the below-average 2024 main harvest.

Cereal prices remained at very high levels in December 2024, primarily driven by a weak currency, high transport costs cereal production shortfalls and conflict-related market disruptions.

Food security emergency on rice declared in early February 2025 due to persistently high domestic prices.

Prices of white maize drop, amid favourable 2025 production prospects, but remain at higher year-on-year levels.

Prices of maize and sorghum unseasonally increased in February 2025 reaching new record highs, despite the availability of newly-harvested 2024 crops.

Prices of cereals declined in January 2025 continuing the decreasing trend started in September 2024 with the 2024 harvest, but they remained at near-record levels due to the ongoing conflict, which has sharply reduced domestic availability.

Continued sharp increases in staple food prices.