Global Food Price Monitor - March 2013

Key messages

International cereal prices in recent weeks have followed mixed trends, with US wheat quotations declining and those of maize remaining stable. Export rice prices generally firmed up.

In Southern Africa, maize prices reached new records in Malawi in February, twice their levels of a year earlier in some markets, while mixed trends were observed elsewhere.

Wheat and wheat flour prices remained at near-record levels in the CIS importers and exporters. Elsewhere, prices reached high levels in some Latin American wheat consuming countries and stayed firm in Asia