HIGHLIGHTS
KARAMOJA
In August, the overall average retail price for maize grain and sorghum fell by 43% and 39%, respectively, compared to July. Price declines were noted across all major markets of Karamoja, more so in Moroto and Napak;
Compared to 2017, the overall average retail price for maize grain, sorghum and beans declined by 46%, 40% and 2%, respectively. Generally, the prices for maize grain and sorghum remained markedly lower than 2017 levels in all markets;
Overall, the average retail prices for staple foods have remained lower than the long term (2013-2107) average. The prices for maize grain and sorghum declined by 41% and 35%, respectively
In August, the terms of trade for goats and the daily labor wage rate against maize grain improved by 66% and 71%, respectively compared to July. Similarly, the terms of trade against maize grain remained significantly higher than 2017 levels.
REST OF THE COUNTRY
While the overall average retail price for maize grain declined by 18% in August, compared to July, due to improved supplies from the first season harvest, the price for sorghum remained fairly stable. In Lira, sorghum price reduced by 53%;
In August, the overall average retail prices for maize grain, sorghum and beans were below 2017 levels by 48%, 32% and 19%, respectively. This is attributed to surplus in 2018, coupled with low demand. Beans and sorghum prices remained high in Gulu.