Global Food Price Monitor - May 2011

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  • The FAO Food Price Index remained virtually unchanged in April, 2 percent below its peak in February.

  • International prices of wheat and maize increased sharply in April but those of rice continued to decline.

  • In Eastern Africa, prices of coarse grains have risen in recent months and by April, exceeded their levels of a year ago.
    Elsewhere in sub-Saharan Africa, coarse grain prices remain at generally low levels despite seasonal increases.

  • In Asia, domestic prices of rice and wheat declined slightly in April but were still at high levels in most countries.

  • In the CIS, prices of wheat remained firm at record levels, while prices of potatoes reached new peaks.

  • In Central America, prices of maize further strengthened in April and those of beans remained stable but high.

  • In South America, maize prices eased slightly in April and those of wheat flour remained steady.