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NewsletterFPMA Bulletin #11, 11 December 2017 2017International prices of wheat and maize remained relatively stable in November, reflecting good supply conditions, while export quotations of rice strengthened amid increased buying interest and currency movements. In East Africa, prices of cereals in November continued to decline in most countries with the ongoing 2017 harvests and were at levels around or below those a year earlier with a few exceptions. By contrast, in the Sudan, prices surged and reached record highs in some markets, mainly underpinned by the sharp depreciation of the Sudanese Pound in the parallel market. In Central America, prices of white maize eased in November as market flows returned to normal, after disruption caused by severe rains in the previous month. Good domestic availabilities kept prices at levels below those a year earlier.
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NewsletterFPMA Bulletin #8, 11 September 2017 2017International prices of wheat dipped in August, after increasing in the past few months, following an upturn in production prospects in the Black Sea region which improved the 2017 global supply outlook. Maize quotations also fell on improved weather conditions and abundant global supplies. International prices of rice were relatively stable, although price movements were mixed across the different rice market segments. In East Africa, prices of cereals generally continued to decline with the n ew harvests. The main exception was Ethiopia, where prices increased further at a fast pace, underpinned by the poor performance of the secondary season harvest and concerns over the main season crop, soon to be gathered. In Asia, domestic prices of rice decreased or remained relatively stable in August, amid generally favourable prospects for the 2017 paddy crops, about to be harvested, and a slowdown in demand. In Bangladesh and Sri Lanka, despite recent decreases, prices remained higher than a year earlier, mainly due to weather-related losses of main season crops, gathered earlier in the year.
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NewsletterFPMA Bulletin #7, 10 August 2017 2017International prices of wheat rose further in July on quality concerns, particularly for higher protein wheat, although upward pressure was limited by prospects of ample global supplies. Export prices of maize remained generally unchanged, while a slowdown in demand capped gains in rice quotations. In East Africa, prices of cereals in most countries declined significantly for the second consecutive month in July with the new harvests, but remained generally higher than a year earlier. However, i n Ethiopia, prices of maize surged further and reached record levels, underpinned by uncertain prospects for the 2017 crops. In the CIS, prices of staple potatoes declined sharply from the record or near-record highs of June in most countries of the subregion with the beginning of the new harvest. Prices, however, remained higher than in July last year after the sharp increases of the past months.
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