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18 Feb 2018 description

Key messages

  • International prices of wheat and maize were generally firmer in January, supported by weather-related concerns and a weaker US dollar. Export price quotations of rice also strengthened mainly buoyed by renewed Asian demand.

  • In East Africa, in the Sudan, prices of the main staples: sorghum, millet and wheat, rose sharply for the third consecutive month in January and reached record highs, underpinned by the removal of wheat subsidies and the strong depreciation of the Sudanese Pound.