Global Food Price Monitor - May 2014

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Key messages

  • Wheat export prices increased in April due to continuing concerns about the 2014 winter crop conditions in the United States. Maize prices were also firmer, reflecting planting delays in the United States. International rice quotations were generally stable, except in Thailand where they declined.

  • In Central America, red bean prices continue to surge, doubling their year-earlier levels in some countries on account of tight regional supplies.

  • In Southern Africa, maize prices plummeted in April in some countries of the subregion, notably South Africa, reflecting the start of the 2014 harvests anticipated at good levels.