Uganda Monthly Market Monitor, March 2018: Issue 48

Report
from World Food Programme
Published on 23 Apr 2018

KARAMOJA

  • Compared to February, the overall average retail price for maize grain and beans were higher in March by 8% and 5%, respectively. Prices for maize grain, was mainly high in Abim (29%), and Amudat (25%);

  • The prices for staple foods continue to be below 2017 average, reducing by 36%, 33% and 15% for maize grain, sorghum and beans, respectively, due to a better harvest towards the end of 2017. Price declines were noted across all districts, more so in Nakapiripirit,
    Kaabong and Abim;

  • Similarly, in March, the average retail price for maize grain and sorghum were lower than the long term (2013-2017) average by 13% and 11%, respectively, significantly in Nakapiripirit and Abim;

  • The terms of trade for goats against maize grain improved by 3% in March, due to an increase in goats prices while those for the daily labor wage deteriorated by 10%.

REST OF THE COUNTRY

  • In March, the overall average retail price for maize grain, sorghum and beans were relatively stable, compared to February. Prices for beans and maize grain remained higher in Kampala, by 11% and 10%, respectively, due to increased demand;

  • The overall price for maize grain and beans in March were below 2017 levels by 24% and 14%, respectively, with prices falling significantly in Tororo and Soroti;

  • In April, through May, average retail prices for maize grain, sorghum and beans are likely to increase, but minimally, due to demand coupled with tight supplies.