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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.

13 Sep 2017 description

Key messages

  • International prices of wheat dipped in August, after increasing in the past few months, following an upturn in production prospects in the Black Sea region which improved the 2017 global supply outlook.
    Maize quotations also fell on improved weather conditions and abundant global supplies. International prices of rice were relatively stable, although price movements were mixed across the different rice market segments.