Food Price Monitoring and Analysis (FPMA) Bulletin #1, 12 February 2019

Year of publication2019

AuthorFAO

PublisherFAO

AbstractInternational prices of wheat remained firm in January due to tightening export supplies and robust world demand, while concerns over the impact of adverse weather on crops in South America underpinned maize export price quotations. International prices of rice also rose, mainly due to reviving Asian demand for Japonica rice. In East Africa, in the Sudan and South Sudan, the weak national currencies provided upward support to the prices of staple foods and kept them at levels well above those a year earlier. High production and transport costs also contributed to the higher level of prices. In Southern Africa, seasonal price increases of maize were amplified in several countries by the reduced 2018 production outturns, while in Zimbabwe, a drop in the value of the country’s currency and a shortage of foreign exchange were the main drivers of the surge in food prices late last year.

 

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.