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Tue, 10 Apr 2018 13:30:48 +0000
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Dear All,

We are pleased to share the latest issue of the FPMA Bulletin<http://www.fao.org/giews/reports/fpma-bulletin/en/> FAO/GIEWS<http://www.fao.org/giews/english/index.htm> monthly report on food price trends at world, regional and country level with a focus on countries where prices of one or more basic food commodity are at abnormal high levels in main markets.

For more information and analysis, visit the FPMA Website<http://www.fao.org/giews/food-prices>. Up-to-date prices for major consumed foods in 93 countries can be found in the FPMA Tool<http://www.fao.org/giews/food-prices/tool/public/index.html#/home>.



FPMA Bulletin
10 April 2018


KEY MESSAGES


·         International prices of wheat and maize rose in March for the third consecutive month and averaged more than 10 percent above their levels in December 2017. Prices were mainly supported by concerns over the impact of prolonged dryness in key-growing areas of the United States of America and Argentina, coupled with strong demand. International rice prices remained relatively stable.

·         In South America, severe dry weather and strong demand underpinned the domestic prices of grains in key exporting country, Argentina, while the price of yellow maize spiked also in Brazil in March.

·         In East Africa, in the Sudan, the strong upward surge in prices of coarse grains faltered in March but they remained at record or near-record highs, reflecting the removal of the wheat subsidies and the strong depreciation of the local currency.

·         In Southern Africa, in Madagascar, prices of locally-produced and imported rice declined in February from the record highs reached in January with the harvesting of the minor season paddy crop and following an appreciation of the Malagasy Ariary.






[cid:image002.jpg@01D3D0E0.E5DFD6A0]<http://www.fao.org/3/I9038EN/i9038en.pdf>
[cid:image003.gif@01D3D0E0.E5DFD6A0] Go to report<http://www.fao.org/3/I9038EN/i9038en.pdf>



Enquiries may be directed to:
GIEWS Food Price Monitoring and Analysis (FPMA) Team
Trade and Markets Division (EST)
Food and Agriculture Organization of the United Nations (FAO)
Viale delle Terme di Caracalla
00153 Rome, Italy
E-mail: [log in to unmask]<mailto:[log in to unmask]>




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