Export prices of wheat and maize decreased further in September to multi-year lows, driven by expectations of large global supplies in 2014/15. Even rice prices, which had been rising in previous months, fell in September.
In countries affected by the Ebola virus, food price spikes have been recorded in some markets. In Guinea, overall, prices of the main staple, rice, remained stable or started to decline with the on-going 2014 harvest. In Liberia, where rice is mostly imported, prices rose in September driven by the depreciation of the national currency and increased transport costs.
In Central America, prices of key staple, beans, were still at near-record levels in September despite some declines. Maize prices fell with the new harvest and increased imports.
Go to full report
|