Food Price Monitoring and Analysis (FPMA) Bulletin #3, 10 April 2019

Year of publication2019

AuthorFAO

PublisherFAO

AbstractInternational prices of wheat and maize fell in March, mostly on account of abundant export supplies. International prices of rice were only mildly firmer, as weak demand by a number of countries capped increases in the Japonica and lower quality Indica markets. In Southern Africa, extensive damage to cropped land and infrastructure caused by Cyclone Idai could trigger temporary food price spikes in Malawi and Mozambique, as well as Zimbabwe, where the unstable economic situation and unfavourable production prospects for the 2019 crop had already underpinned the sharp price increases between October 2018 and February this year. In East Africa, in the Sudan and South Sudan, prices of coarse grains increased in March and reached exceptionally high levels, underpinned by the further depreciation of the countries’ currencies on the parallel market and high production and transport costs.

 

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.