Dear All, We are pleased to share the latest issue of the FPMA Bulletin FAO/GIEWS 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. Price data for major consumed foods in 96 countries can be found in the FPMA Tool. | |
FPMA Bulletin 10 August 2016 KEY MESSAGES § International grain prices declined significantly in July, with those of wheat weighed down by seasonal harvest pressure and maize quotations falling on account of generally favourable weather for developing crops. Prices of rice showed mixed trends in Asian origins, while they increased in main exporting countries of South America. § In Africa, food prices soared in July in South Sudan driven by the recent upsurge in insecurity. In Nigeria, the weak local currency continued to exert upward pressure on cereal prices, while in Malawi maize prices rose steeply for the second consecutive month mainly as a result of the sharply drought-reduced 2016 harvest. § In South America, the increasing trend in yellow maize prices of the past several months halted under downward pressure from the ongoing 2016 harvests in the main maize producing countries, Argentina and Brazil, although prices remain at high levels. Elsewhere in the subregion, prices generally increased as a result of the reduced maize harvests expected this year. | |
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 | |