Food Price Monitoring and Analysis (FPMA) Bulletin #5, 10 June 2015

Year of publication2015

AuthorFAO

PublisherFAO

AbstractInternational 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. 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. 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.

 

Product typeJournal; magazine; bulletin

SeriesFood Price Monitoring and Analysis (FPMA)

RegionGlobal

ISSN2707-1952

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.