FEWS NET [email protected]www.fews.net FEWS NET is a USAID-funded activity. The content of this report does not necessarily reflect the view of the United States Agency for International Development or the United States Government. PRICE WATCH February 2018 Prices March 30, 2018 KEY MESSAGES • In West Africa, markets are adequately supplied in the months following the main harvest. However, market supplies are below average in several countries due to localized deficits and stock retention. Demand is picking up as household stocks begin to deplete and with ongoing institutional purchases. Local grain prices were stable in most countries but remained above average and are expected to remain so through to the lean season. Regional livestock markets remain affected by a general lack of pasture and reduced Nigerian import demand (Page 3). • In East Africa, markets remain severely disrupted by insecurity and significant macro-economic issues in Yemen and South Sudan, impeding staple food supply access and putting upward pressure on prices. Staple food prices varied across the region. While prices generally followed seasonal trends in Uganda, Kenya, and Somalia, atypical price trends were observed in Sudan, South Sudan, Ethiopia, and Tanzania (Page 4). • In Southern Africa, maize supplies continue to tighten in maize deficit countries but remain above average in surplus producing South Africa and Zambia. Maize prices are exhibiting mixed trends as the lean season peaks but are below average for most of the region except for Madagascar and parts of eastern DRC. Export parity prices remain competitive, encouraging exports to East Africa (from Zambia and South Africa) and international markets (from South Africa) (Page 5). • In Central America, maize and bean availability remained high with supplies from the ongoing average to above-average Postrera harvest. While maize prices remain below average across the region, bean prices varied, remaining high in Honduras as a result of lingering effects of uncertainty and transport disruptions following political tensions. In Haiti, local and imported staple food prices were firm and decreasing across key reference markets, underpinned by ongoing harvests of key substitutes such as tubers. The Haitian gourde depreciated further against the USD (Page 6). • Central Asia sustained adequate supplies and intra- regional trade is expected to fill regional wheat deficits. Kazakhstan and Pakistan are expected to have above- average wheat harvests in MY 2017/18. Wheat prices remained stable though are below-average in the region’s largest exporter, Kazakhstan (Page 7). • International staple food markets remain well supplied. Rice and soybean prices rose in January, while maize and wheat prices were mixed (Figure 2). Crude oil prices fell for the first time in seven months despite declining global petroleum inventories (Page 2). Figure 1. FEWS NET Country coverage Source: FEWS NET. Note: Market Watch countries are surplus-producing countries whose impact on global, regional, national, and/or local markets is included in FEWS NET analysis. FEWS NET monitors trends in staple food prices in countries at risk of food insecurity. The Price Watch provides an update on market and price trends in selected reference markets. Specific trends for key reference markets and commodities are available in the Price Watch Annexes 1 and 2. FEWS NET gratefully acknowledges partner organizations, ministries of agriculture, national market information systems, the Regional Agricultural Intelligence Network, the Food and Agriculture Organization of the United Nations (FAO), the World Food Programme (WFP), and others for their assistance in providing price data.
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PRICE WATCH February 2018 Prices March 30, 2018...Development or the United States Government. PRICE WATCH February 2018 Prices March 30, 2018 ... Global Market Indicators, 2017/18
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FEWS NET is a USAID-funded activity. The content of this report does not
necessarily reflect the view of the United States Agency for International Development or the United States Government.
PRICE WATCH February 2018 Prices March 30, 2018
KEY MESSAGES
• In West Africa, markets are adequately supplied in the months following the main harvest. However, market supplies are below average in several countries due to localized deficits and stock retention. Demand is picking up as household stocks begin to deplete and with ongoing institutional purchases. Local grain prices were stable in most countries but remained above average and are expected to remain so through to the lean season. Regional livestock markets remain affected by a general lack of pasture and reduced Nigerian import demand (Page 3).
• In East Africa, markets remain severely disrupted by insecurity and significant macro-economic issues in Yemen and South Sudan, impeding staple food supply access and putting upward pressure on prices. Staple food prices varied across the region. While prices generally followed seasonal trends in Uganda, Kenya, and Somalia, atypical price trends were observed in Sudan, South Sudan, Ethiopia, and Tanzania (Page 4).
• In Southern Africa, maize supplies continue to tighten in maize deficit countries but remain above average in surplus producing South Africa and Zambia. Maize prices are exhibiting mixed trends as the lean season peaks but are below average for most of the region except for Madagascar and parts of eastern DRC. Export parity prices remain competitive, encouraging exports to East Africa (from Zambia and South Africa) and international markets (from South Africa) (Page 5).
• In Central America, maize and bean availability remained high with supplies from the ongoing average to above-average Postrera harvest. While maize prices remain below average across the region, bean prices varied, remaining high in Honduras as a result of lingering effects of uncertainty and transport disruptions following political tensions. In Haiti, local and imported staple food prices were firm and decreasing across key reference markets, underpinned by ongoing harvests of key substitutes such as tubers. The Haitian gourde depreciated further against the USD (Page 6).
• Central Asia sustained adequate supplies and intra-regional trade is expected to fill regional wheat deficits. Kazakhstan and Pakistan are expected to have above-average wheat harvests in MY 2017/18. Wheat prices remained stable though are below-average in the region’s largest exporter, Kazakhstan (Page 7).
• International staple food markets remain well supplied. Rice and soybean prices rose in January, while maize and wheat prices were mixed (Figure 2). Crude oil prices fell for the first time in seven months despite declining global petroleum inventories (Page 2).
Figure 1. FEWS NET Country coverage
Source: FEWS NET.
Note: Market Watch countries are surplus-producing countries whose impact on global, regional, national, and/or local markets is included in FEWS NET
analysis.
FEWS NET monitors trends in staple food prices in countries at risk of food insecurity. The Price Watch provides an update on market and price trends in selected reference markets. Specific trends for key reference markets and commodities are available in the Price Watch Annexes 1 and 2. FEWS NET gratefully acknowledges partner organizations, ministries of agriculture, national market information systems, the Regional Agricultural Intelligence Network, the Food and Agriculture Organization of the United Nations (FAO), the World Food Programme (WFP), and others for their assistance in providing price data.
• International rice prices were stable and increasing in February for key reference markets. Global rice stocks rose marginally partly as a result of stock reconstitution by major Southeast Asia importers. (InterRice and World Bank). Rice prices rose above February 2017 levels but were below average (Figure 2). Global rice supplies continue to remain close to average levels (Figure 3).
• Global maize prices were mixed as dry conditions persisted in the Southern Hemisphere. Prices rose further in Argentina and the U.S. due to dryness and strong sales but eased in South Africa on positive harvest prospects. Prices remain below average as global markets remain well supplied (World Bank and USDA).
• International wheat prices were mixed in February as downward production revisions in Brazil and the Russian federation more than offset increase in Argentina and Australia (IGC and USDA). Global wheat supplies remain above average levels (Figure 3).
• Global soybean prices strengthened as the 2017 output was revised to 1 percent below the previous year peak. Bumper crops in Brazil and the U.S. will mostly offset the steep decline in Argentina (IGC).
• International crude oil prices fell in February after rising for seven consecutive months, market fundamentals point to declining global petroleum inventories (U.S. Energy Information Administration).
Outlook
• Higher anticipated exportable surpluses for 2018 could increase global rice price volatility when compared with the stability observed in 2017. Global rice trade is expected to weaken in 2018 but will remain the second highest on record due to firm Asia and Africa demand (AMIS and InterRice).
• Global maize stocks will tighten as 2018 production estimates are revised downward, and could potentially push stock-to-use ratio to their lowest in five years. Trade is expected to strengthen and will be supported by larger exportable surpluses in Brazil and the U.S. (IGC and AMIS).
• Global wheat stocks are projected to fall for the first time since 2012 owing to expectations for reductions in both area planted and average yields as demand remains firm (USDA and IGC).
• Chinese import demand will shape global soybean trade in 2018. Area harvested is projected to increase by two percent relative to 2017 levels with gains in the U.S. and Brazil (IGC).
• International crude oil and petroleum product consumption is expected to increase in 2018 due to improved global economic growth expectations and increased world trade (U.S. Energy Information Administration).
Figure 2. Food commodity prices in selected international
markets, January 2011 – February 2018
Source: Food and Agriculture Organization of the United Nations (FAO),
World Bank.
Figure 3. Global Market Indicators, 2017/18 compared to 2012-
2016 average
Source: FEWS NET calculations based on USDA 2018.
Staple food price trends across the countries monitored by FEWS NET will vary considerably in the coming months in response to local and regional market conditions; international market trends will play a more limited role in most countries (Figure 2). Fuel price trends in FEWS NET countries will depend on both international market conditions, the evolution of local exchange rates in relation to the U.S. Dollar, and the design and implementation of local fuel import and price policies.
• Following the recent September to December main harvests, West Africa’s aggregate cereal production is forecasted to increase for the fourth consecutive year, reaching nearly 68 million MT in 2017/18, six percent above last year and 14 percent above average. Markets across West Africa are generally well-supplied and sufficient to meet demand. However, market supplies remain below average in Mali and Burkina Faso as traders continue to withhold stocks and traders in deficit areas are traveling further for supplies. Dry season sorghum berbéré harvest in Chad turned out lower than initially projected.
• Cereal demand is seasonally increasing with ongoing stock replenishment and institutional purchases at above average levels in several areas. Trade flows are dynamic in the region, including a progressive increase of the key Nigeria-Niger cross-border trade levels. However, they remained disrupted in the insecurity stricken Greater Lake Chad basin as well as parts of Northern and Central Mali.
• In Nigeria, supplies and household stocks remained high; dry-season harvests have started in some areas. Staple food prices are stable or declining compared and remain below 2017 levels, as households continue to consume from own production. Cowpea prices have increased from previous months, as production was affected by dry spells and traders are currently stocking. Staple food prices remain well above the previous two to five-year average (Figure 5). Inflation rates continued to subside in February.
• In the Sahel, prices are stable or lower compared to January. However, locally-produced coarse grain prices remained above 2017 and average levels (Figure 5), while rice (imported and local) prices were mostly stable across the Sahel. Cowpea prices, an important cash and export crop in Nigeria and Burkina Faso, are elevated, which could contribute to improving household revenues. In other coastal countries, rice prices remained above average, while tuber prices are below average.
• Livestock markets in the Sahel are well supplied, especially with below average pasture conditions and the below average export volumes to Nigeria. Prices remained below average in most countries, maintaining downward pressure on livestock to cereals terms of trade for pastoralists.
Outlook
• Market supplies will remain sufficient in the coming months, despite seasonal decrease. Demand will increase as the lean season months approach and institutions continue to make purchases. Prices will start increasing as early as March and be above average through to the lean season.
• In Nigeria, market supplies and household stocks will slightly increase with the ongoing dry season harvest that has just begun, but they will decline faster during the lean season from July to September. Demand and prices of staples – especially cereals - will increase towards the Ramadan starting in May. Food flow will be normal, except in the Northeast affected by conflict and where prices will be the highest.
Figure 4. Rice prices in Nigeria compared to average levels
Source: FEWS NET.
Figure 5. Millet prices in West Africa compared to average
levels
Source: FEWS NET estimates based on SIM Senegal, OMA Mali, SONAGESS Burkina Faso, SIMA Niger, and FEWS NET data
• Worsening economic conditions and conflict-related trade flow disruptions continued to elevate prices above last year and five-year average levels in South Sudan. These disruptions are expected to remain elevated through the remainder of the dry season while heightened conflict continues in various parts of the country. Trade flows in the north from Sudan continued. Staple food prices continued to increase atypically early in most reference markets despite the ongoing October-to-February harvest. Production is estimated below average and 2016/17 levels, resulting in low supply levels and a national grain deficit that is greater than average levels, further exacerbating the atypically high prices driven by continued hyperinflation, depreciation of local currency (Figure 6), and erratic trade flows due to insecurity.
• In Yemen, the ongoing conflict continued to curb economic activities, eroding the purchasing power and restricting market access by most households. Wheat flour prices remained stable across most markets due to stable import prices and milling costs.
• Staple food (millet and sorghum) prices were atypically mixed in Sudan as the October-to-January harvests ended. Prices declined due to prepositioning and distribution of subsidized sorghum to government employees by the Strategic Reserve Corporation (SRC) in areas affected by extremely high prices but continued to increase in other areas. Locally produced wheat prices continued to increase seasonally as supplies tightened and were heightened by the worsening economic situation in the country. Prices of all staple foods are above-average and 2017 levels (Figure 7) and are expected to remain elevated in the coming months. Livestock prices began to increase because of early demand for Ramadan and exports to the Middle East.
• In Ethiopia, prices were mixed, remaining stable in the southern and southwestern regions due to ample supplies, declining in the southeastern pastoral region supported by relief interventions, and increasing in northern pastoral areas where supplies were yet to reach the markets. Tanzania also experienced atypical price trends as above average maize supplies from the May-to-August harvest and dampened demand resulting from the lingering effects of maize export ban caused prices to remain stable or increasing.
• Prices followed seasonal trends in Somalia, declining in the southern region as availability increased from the January-to-February harvests, and remaining stable in the central and northern regions as supplies from the south reached the markets. The prices of imported staple food commodities remained stable Livestock prices increased unseasonably because of better October-to-January rains, improved livestock body conditions, production, and reproduction.
• Maize prices in Kenya and Uganda also followed seasonal trends, remaining stable due to supplies from recent harvests. Expectations for 500,000 MT of formal maize imports from Uganda at lower prices to fill in the structural deficit in production also supported supply levels and helped keep prices stable.
Figure 6. Exchange rates of selected regional currencies
Source: FEWS NET, FSNAU, and OANDA. Note: * denotes values on secondary axis.
Figure 7. Sorghum prices in East Africa compared to
February 2017 levels
Source: FEWS NET estimates based on Food and Agriculture Market
Information System (FAMIS), FSNAU, Uganda Bureau of Statistics and Farmgain, Tanzania Ministry of Industry, Trade and Marketing (MITM),
Ethiopia Grain Trade Enterprise (EGTE), Ministry of Agriculture of Kenya, Arid Lands Resource Management Project (ALRMP), SIFSIA, WFP VAM*.
• Maize supplies tightened further in grain deficit countries as the lean season peaked but were above average in South Africa and Zambia. Formal and informal maize trade moved surpluses to deficit areas within the region. South Africa’s exports were 24 percent higher compared to January 2018 levels. In Madagascar, local (gasy) rice and maize supplies remain tight owing to below average MY 2017/18 harvests, and imported rice continues to play an important role in staple food supply.
• Maize prices were mixed in February, which is contrary to the seasonal price increase typically observed between January and February (Figure 8). Maize prices were below their respective 2017 and average levels for most of the region with exception of Madagascar and parts of eastern DRC. Prices were similarly mixed for common substitutes such as maize meal, rice, and cassava.
• In South Africa, maize export parity prices eased to below international reference market price levels after increasing in January and in response to a positive outlook for the MY 2018/19 harvest. In Zambia, maize prices were generally stable in key reference markets, with the exception of Solwezi where prices fell as trade restrictions weakened demand from the DRC.
• In Zimbabwe, maize prices were generally stable relative to January levels, with exception of observed increase in Harare. Tanzania’s maize prices were mixed but remain below average owing to above average Msimu harvest. Prices tightened further in Malawi, while trade restrictions reduced informal export flows. Maize prices were firm in Mozambique but rose in Tete and Chimoio. In Madagascar, rice and maize prices were stable and decreasing as early harvests began to supply some markets. However, prices remain above average (Figure 9). In the DRC, maize prices were stable relative to January levels for key reference markets across the southeast but rose significantly in parts of the Kivus and Ituri partly due to ongoing conflict and population displacements.
Outlook
• Regional maize supplies will gradually decline through March and recover April through July owing to new harvests. Regional trade will strengthen in the coming months, while international trade may begin weakening at the start of MY 2018/19 as South Africa and Zambia are likely to prioritize regional exports. Trade restrictions in Zambia may result in lower export volumes to grain deficit countries. Maize prices in grain deficit countries will increase through March before declining seasonally at near average levels beyond March as the MY 2018/19 harvest outlook remains gloomy. In Madagascar, maize supply will improve as harvest progresses while market supply for local (gasy) rice will be exhausted with prices tightening by March as local rice (gasy) is increasingly replaced by imported rice. The combination of below average harvests and conflict related market disruptions will continue to sustain atypically high staple food prices for key reference markets in eastern DRC.
Figure 8. White maize prices in selected markets (USD/kg)
Source: FEWS NET estimates based on data from SADC and government ministries.
Figure 9. Current maize prices in Southern Africa (USD/kg)
Source: Ministry of Agriculture, Irrigation, and Water Development of
Malawi, Ministry of Industry, Trade and Marketing (MITM) of Tanzania, Ministry of Agriculture of Mozambique, Central Statistics Office of
• Lingering maize supplies from the recent average to above-average Primera, the main maize harvest, and new supplies from the ongoing average to above-average Postrera harvest continued to seasonally increase availability throughout the region. Informal flows to Guatemala from Mexico remain elevated because of the decline in value of the Mexican Peso and seasonal peak of supplies in Mexico as the harvest came to an end. White maize prices continued to follow typical trends in El Salvador, where they remained stable, and in Nicaragua, where they continued to seasonally increase. While prices usually also begin to increase in Guatemala and Honduras, ample availability kept prices stable. Prices remain below average levels across the region (Figure 10).
• Bean prices were mixed across the region as bean supplies from the ongoing Postrera harvest continued to boost supplies. Bean prices continued to atypically increase in Honduras due to uncertainty and speculative behavior following disruptions to bean flows from major bean producing areas as a result of political tensions around the presidential elections. Bean prices in March compared to historical levels (2017 and five-year average) varied.
• In Haiti, local and imported staple foods are generally available with prices mostly easing and staying firm across key reference markets. Jérémie is the exception where the persistent scarcity of local maize meal has resulted in prices being 30 percent above average levels. Nationally, imported maize meal prices have fallen as ongoing harvest of local substitutes has improved overall availability, such as tubers in Jérémie as well as local maize in Port-de-Paix, Les Cayes and Fonds-des-Nègres. Imported rice prices are stable across key reference markets with exception of Les Cayes and Fonds-des-Nègres where prices are rising. The Haitian gourde continues to weaken against the USD (Figure 11).
Outlook
• In Central America, maize and bean prices will likely follow seasonal trends and slightly increase or remain stable through April. Bean prices are expected to start to decrease with supplies from the Apante harvests in April in Nicaragua and Honduras, and the Peten harvest in Guatemala. The average to above-average maize supply levels are expected to sustain below-average prices across the region through May 2018, except in Nicaragua where prices are projected to be trend closer to average levels. Bean prices compared to average levels may vary in the region.
• In Haiti markets will continue to be well supplied with imported staples. Import policies and the Haitian gourde to USD exchange rate will remain key factors influencing the price of imported staples such as rice, maize meal, wheat and vegetable oil. Supply of local staples will begin to tighten by the end of March as planting for the 2018 Printemps season progresses and the lean season begins. This should place an upward pressure on local staple food prices. Additionally, a recent Haitian government policy requiring the use of local currency in all commercial transactions as of March 2018 is expected to create additional marketing costs and influence staple food prices in the coming months.
Figure 10. White maize prices in Central America compared
to average levels
Source: Coordination nationale de la sécurité alimentaire (CNSA) and FEWS NET, MAL, Dirección General de Economía Agropecuaria (DGECA),
Sistema de Información de Mercados Productos Agrícolas de Honduras
(SIMPAH), Secretaria de Economia de Mexico, and Ministerio de Agricultura, Ganaderia y Alimentacion de Guatemala (MAGA).
Figure 11. Average national staple food prices and exchange
rate in Haiti, January 2011 – February 2018
Source: FEWS NET / CNSA.
PRICE WATCH March 2018
Famine Early Warning Systems Network 7
CENTRAL ASIA
Current situation
• Regional availability and price trends varied considerably across Central Asia with the progression of the 2017/18 marketing year (Figure 12 and Table 1). As detailed in the Central Asia Regional Wheat Supply and Market Outlook, localized wheat deficits are expected to be filled through intra-regional trade.
• Wheat grain export prices in Kazakhstan, the region’s largest exporter have been stable since September. Prices are the same as respective 2017 levels but 26 percent below the five-year average.
• Wheat flour prices in Tajikistan have remained stable since early 2018 but remain 9 percent above the five-year average. Potato prices decreased by 13 percent between December 2017 and January and are now 45 percent above their respective 2017 levels and 48 percent above the five-year average.
• In Pakistan, wheat grain and flour prices remained stable between January and February in major markets. Prices are comparable to 2017 and the five-year average, reflecting average production and above-average carry-over stocks. However, rice prices have increased by 2.9 percent between January and February 2018 and are 13 percent above the five-year average.
• In Afghanistan, wheat grain and flour prices were mostly stable between January and February due sufficient imports. In comparison to last year and the five-year average, prices are higher in some markets while lower in others.
Outlook
• Regional availability and price trends are expected to continue varying across Central Asia.
• The 2017/18 wheat harvest in Kazakhstan is estimated to have a total cereal production of 14 million tones, seven percent below the high level of last year, due to reduction in area planted. Overall supply is supported by carry-over stocks that are 30 percent higher than the previous year (USDA/FAS). Kazakhstan is expected to maintain steady exports of wheat contributing to stable regional supplies. FAS/Astana estimates marketing year 2018/2019 wheat production in Kazakhstan at 13. 4 million tones due to a slight decreased in area planted.
• Total wheat grain production in Pakistan for the 2017/18 marketing year is estimated at 26.5 MMT, higher than ever (USDA/FAS). Average production for the last couple of years has resulted in above-average carry-over stocks that are nearly double the five-year average. Pakistan has approved a sizeable export subsidy to facilitate exports of wheat. The federal and provincial governments will offset the price of up to 2.0 million metric tons of wheat exports with a subsidy of up to $159 per metric ton. The approved subsidy, which is in effective through June 30, 2018, could result in public expenditures of up to $320 million if the full amount is exported at the full subsidy.
• In Afghanistan, findings from the Agricultural Prospects Report of the Ministry of Agriculture, Irrigation and Livestock indicate that the 2017 harvest is below last year and five-year average. It is expected that favorable regional supply conditions will contribute to stable prices in Afghanistan. High-levels of wheat production in Pakistan may aid in stabilizing prices in Afghanistan, if political tensions do not affect trade flows from Pakistan to Afghanistan.
Figure 12. Wheat grain prices in Central Asia
Source: WFP, VAM, APK Inform Agency, Kazakhstan.
Table 1. Regional wheat availability and price trends
PRICE WATCH ANNEX 1 February 2018 Prices March 30, 2018
Food and Fuel Price Trends Food and Fuel Price Trends
FEWS NET is a USAID-funded activity. The content of this report does not necessarily reflect the view of the United
States Agency for International Development or the United States Government.
The Famine Early Warning Systems Network (FEWS NET) monitors trends in staple food prices in countries vulnerable to food insecurity. The Price Watch Annex 1 provides prices
and price changes for key markets and staple foods monitored across FEWS NET countries and regions. The prices are final monthly average prices for February 2018. Commodities
included in the Annex are the staples most often consumed by the poor in the indicated market. Additional commodities provided are important commodities consumed in the same
areas or fuel prices that affect food prices. Final monthly average prices are used. The symbols (▲►▼) depict the direction of price changes: the red upward-facing arrow denotes an
increase of five percent or greater. The blue horizontal arrow denotes no change or changes that are smaller than 5 percent, and the green downward-facing arrow denotes price
decreases that are five percent or greater. The three arrows respectively correspond to the percent change in prices this month compared to last month, last year, and the five-year
average. The “-“ symbol indicates that data are not available. The commodities with a reference (W) are wholesale prices. Otherwise, all reported prices are retail.
PRICE WATCH ANNEX 2 February 2018 prices March 30, 2018
We
st A
fric
a
Figure 1. Millet prices in West Africa (2012 - 2018) Figure 2. Sorghum prices in West Africa (2012 - 2018)
Figure 3. Maize prices in West Africa (2012 - 2018) Figure 4. Rice prices in West Africa (2012 - 2018)
East
Afr
ica
Figure 5. Dry bean prices in East Africa (2012 - 2018) Figure 6. Sorghum prices in East Africa (2012 - 2018)
Sources of prices in West Africa: Information System on agricultural markets (SIMA) Niger, Agricultural Market Observatory (OMA) Mali, Burkina Faso SONAGESS, Information System
market (SIM) in Senegal and FEWS NET.
The Famine Early Warning Systems Network (FEWS NET) monitors trends in staple food prices in countries vulnerable to food insecurity. The Price Watch Annex 2 provides
prices trends for key markets and staple foods monitored across FEWS NET countries and regions. The commodities with a reference (W) are wholesale prices. Otherwise, all
FEWS NET is a USAID-funded activity. The content of this report does not necessarily reflect the
view of the United States Agency for International Development or the United States Government.
____________________* imported rice
0.00
0.25
0.50
0.75
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Moundou, Chad Solenzo, Burkina FasoSegou, Segou centre, Mali Maradi, NigerKaolak, Senegal
USD/kg
0.00
0.25
0.50
0.75
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Maradi, Niger Moundou, ChadSegou, Segou centre, Mali Bobo Dioulasso, Burkina FasoKano, Nigeria (W)
USD/kg
0.00
0.25
0.50
0.75
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Bol, Chad Malanville, Benin
Bobo Dioulasso, Burkina Faso Kano, Nigeria (W)
USD/kg
0.00
0.50
1.00
1.50
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Bamako, Mali Dakar, Tilène, Senegal
Monrovia, Red Light, Liberia
USD/kg
0.00
0.25
0.50
0.75
1.00
1.25
1.50
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Arusha, Tanzania (W) Kigali City, Rwanda
Eldoret, Kenya (W) Masindi, Uganda (W)
USD/kg
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Al Qadarif, Sudan Baidoa, SomaliaKampala, Uganda (W) Juba, South SudanDire Dawa, Ethiopia (W)
Figure 7. Maize prices in surplus areas of East Africa (2012 - 2018) Figure 8. Maize prices in deficit areas of East Africa (2012 - 2018)
March 30, 2018
Figure 9. White maize prices in Southern Africa (2012 - 2018) Figure 10. Bean and cowpea prices in Southern Africa (2012 - 2018)
Figure 11. Imported rice prices in Southern Africa (2012 - 2018)
So
uth
ern
Afr
ica
Sources of prices in East Africa: Food and Agriculture Market Information System (FAMIS) FSTS/FEWS NET in Somalia, Uganda Bureau of Statistics and Farmgain, Tanzania Ministry of
Industry, Trade and Marketing (MITM), Ethiopia Grain Trade Enterprise (EGTE), Ministry of Agriculture of Kenya, Arid Lands Resource Management Project (ALRMP), SIFSIA, WFP VAM
Sources of prices in Southern Africa: Ministry of Agriculture, Irrigation, and Water Development of Malawi, Ministry of Industry, Trade and Marketing (MITM)) of Tanzania, Observatoire
du Riz of Madagascar, Ministry of Agriculture of Mozambique, Central Statistics Office of Zambia, SAFEX, WFP and FEWS NET.
____________________* dry beans** cowpeas
0.00
0.25
0.50
0.75
1.00
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Lilongwe, Malawi Lusaka, Zambia
Harare, Zimbabwe Maputo, Mozambique
Mbeya, Tanzania (W) Randfontein, South Africa
USD/kgUSD/kg
0.00
0.25
0.50
0.75
1.00
1.25
1.50
1.75
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Arusha, Tanzania (W) Dodoma, Tanzania (W)
Maputo, Mozambique Nampula, Mozambique
USD/kg
0.00
0.25
0.50
0.75Ja
n-1
2
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Arusha, Tanzania (W) Bahir Dar, Ethiopia (W)Eldoret, Kenya (W) Kampala, Uganda (W)Qorioley, Somalia Songea, Tanzania (W)
USD/kg
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Dire Dawa, Ethiopia (W) Jamame, SomaliaJijiga, Ethiopia Juba, South SudanNairobi, Kenya (W)
Figure 12. White maize prices in Central America (2011 - 2017) Figure 13. Dry bean prices in Central America (2011 - 2017)
Cen
tral A
meri
ca a
nd
Cari
bb
ean
Figure 14. Imported Rice Prices in Haiti (2011 - 2017) Figure 15. Black bean prices in Haiti (2011 - 2017)
Cen
tral A
sia
Figure 16. Wheat grain prices in Central Asia (2011 - 2017) Figure 17. Wheat flour prices in Central Asia (2011 - 2017)
**
****
*
Sources of prices in Central America and Caribbean: Coordination nationale de la sécurité alimentaire (CNSA) and FEWS NET, MAL, Dirección General de Economía Agropecuaria
(DGEA), Sistema de Información de Mercados Productos Agrícolas de Honduras (SIMPAH), Secretaria de Economia de Mexico, and Ministerio de Agricultura, Ganaderia y Alimentacion
____________________* black beans** red beans
Sources of prices in Central Asia: Afghanistan, WFP and FEWS NET.
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Cap Haïtien, Haiti Hinche, HaitiJacmel, Haiti Jérémie, HaitiPort-au-Prince, Haiti
USD/kg
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Guatemala City, Guatemala (W) Managua, NicaraguaSan Salvador, El Salvador San Jose, Costa Rica (W)Tegucigalpa, Honduras
USD/kg
0.00
0.25
0.50
0.75
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Guatemala City, Guatemala Managua, Nicaragua (W)San Salvador, El Salvador Mexico City, Mexico (W)Tegucigalpa, Honduras
USD/kg
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Jan
-12
Ap
r-1
2
Jul-
12
Oct
-12
Jan
-13
Ap
r-1
3
Jul-
13
Oct
-13
Jan
-14
Ap
r-1
4
Jul-
14
Oct
-14
Jan
-15
Ap
r-1
5
Jul-
15
Oct
-15
Jan
-16
Ap
r-1
6
Jul-
16
Oct
-16
Jan
-17
Ap
r-1
7
Jul-
17
Oct
-17
Jan
-18
Cap Haïtien, Haiti Hinche, HaitiJacmel, Haiti Jérémie, HaitiPort-au-Prince, Haiti