FAO GIEWS Update-Publication: FPMA Bulletin, June 2015

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FPMA Bulletin
10 June 2015

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KEY MESSAGES

 

http://www.fao.org/giews/english/imgs/orangebox.gif International prices of wheat and maize in May averaged lower than in the previous month and were well below their year-earlier levels, on account of the generally positive outlook for the 2015 crops. Rice quotations moved also downwards mostly due to slow export sales.

http://www.fao.org/giews/english/imgs/orangebox.gif In East Africa, in Kenya, the United Republic of Tanzania and Uganda, maize prices strengthened further in May, after spiking in April, and doubled their levels of three months ago in several markets. The recent increase in prices reflects uncertain crop prospects and strong regional export demand.

http://www.fao.org/giews/english/imgs/orangebox.gif In Southern Africa, prices increased in May in main producer, South Africa, despite the ongoing 2015 harvest, while declined elsewhere but at a lower-than-normal pace.Price support was provided by an anticipated sharply reduced regional output. Overall, maize prices were above their levels in May 2014.

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  http://www.fao.org/giews/imgs/a.gif FPMA Webpage         http://www.fao.org/giews/imgs/a.gif FPMA Tool

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