Food Price Monitoring and Analysis (FPMA) Bulletin #10, 10 December 2018

Year of publication2018

AuthorFAO

PublisherFAO

AbstractInternational prices of wheat and maize remained under downward pressure in November, mostly on account of large nearby supplies. For rice, new crop arrivals continued to weigh on export price quotations. In East Africa, in the Sudan, a further sharp devaluation of the currency triggered a marked increase in the prices of grains, which reached record to near-record highs despite the ongoing harvest. In Southern Africa, in Zimbabwe, a drop in the value of the country’s currency, as well as a shortage of foreign exchange, curbed imports and underpinned the increases in cereal prices. Elsewhere in the subregion, reduced 2018 harvests pushed the prices of maize to levels above those recorded a year earlier in several countries.

 

Product typeJournal; magazine; bulletin

SeriesFood Price Monitoring and Analysis (FPMA)

RegionGlobal

ISSN2707-1960

Areas of workGlobal Information and Early Warning System

KeywordsFood prices; market prices; prices; retail prices; wholesale prices; early warning systems; world; cereals; maize; wheat; millets; rice.