FPMA Bulletin #7, 10 October 2019

KEY MESSAGES

  • International prices of major cereals were steady to mildly lower in September amid large export availabilities.

  • In East Africa, prices of coarse grains in September were at levels well above those a year earlier in several countries of the subregion mainly due to reduced harvests. In the Sudan and South Sudan, the main trigger of high food prices was the strong depreciation of the countries’ currencies.

  • In Southern Africa, prices of cereals continued to rise steeply in Zimbabwe as economic difficulties persist, while in Zambia, prices of maize products reached record highs mostly driven by supply shortages.