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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. Up-to-date prices for major consumed foods in 93 countries can be found in the FPMA Tool.

 

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.

 

 

 

 

 

 

Go to report

 

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]

 

 



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