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14 Mar 2018 description

KEY MESSAGES

↗ International prices of wheat and maize increased further in February, mainly supported by weather-related concerns and currency movements. Export price quotations of rice also continued to strengthen, although the increases were capped by subsiding global demand for Indica supplies.

↗ In East Africa, in the Sudan, prices of the main staples: sorghum, millet and wheat, continued to increase in February and reached record highs, underpinned by the removal of the wheat subsidies and the strong depreciation of the Sudanese Pound.

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.

11 Dec 2017 description

Key messages

↗ International prices of wheat and maize remained relatively stable in November, reflecting good supply conditions, while export quotations of rice strengthened amid increased buying interest and currency movements.

12 Nov 2017 description

Key messages

  • The benchmark US wheat price declined in October mostly because of higher supply prospects while maize quotations firmed due to rain-induced harvest delays. International rice prices strengthened in October, mainly reflecting seasonally tight Japonica and fragrant supplies.

29 Oct 2017 description

Key messages

  • International prices of wheat increased in September mostly because of weather-related concerns, while maize quotations fell further on crop harvest pressure. International rice prices remained generally firm, supported by seasonally tight availabilities of fragrant rice and strong demand for higher quality Indica supplies.

21 Jun 2016 description

What is El Niño?

El Niño is the warming of sea surface temperatures in the tropical Pacific, which occurs roughly every two to seven years, lasting from six to 24 months.

25 Apr 2016 description

Background and purpose

The impact of the 2015‒2016 El Niño weather phenomenon has been one of the most intense and widespread in the past one hundred years. The agriculture, food security and nutritional status of 60 million people around the globe is affected by El Niño-related droughts, floods and extreme hot and cold weather. While the El Niño itself has passed its peak and is now declining, its impact is still growing. Harvests in several parts of the world have already failed and are forecast to fail in other areas.