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| Reply To: | GIEWS1 (EST) |
| Date: | Fri, 9 Mar 2018 10:15:51 +0000 |
| Content-Type: | multipart/related |
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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
9 March 2018
KEY MESSAGES
· International prices of wheat and maize increased further in February, mainly supported by weather-related concerns and currency movements. Export price quotations of rice also continued to strengthen, although the increases were capped by subsiding global demand for Indica supplies.
· In East Africa, in the Sudan, prices of the main staples: sorghum, millet and wheat, continued to increase in February and reached record highs, underpinned by the removal of the wheat subsidies and the strong depreciation of the Sudanese Pound.
· In Southern Africa, in Madagascar, prices of rice hit record highs at the start of the year, as a result of tight supplies following a sharp drop in the 2017 output to a substantially below-average level and a weaker currency.
· In West Africa, prices of coarse grains continued to generally increase in February and reached levels above those a year earlier despite the good harvests gathered in late 2017, due to a strong demand for stock replenishment, coupled with localized production shortfalls and insecurity in some areas.
[cid:image002.jpg@01D3B797.FAF65A30]<http://www.fao.org/3/I8801EN/i8801en.pdf>
[cid:image003.gif@01D3B797.FAF65A30]Go to report<http://www.fao.org/3/I8801EN/i8801en.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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