Price Watch

December 2015 Global Price Watch

December 2015

IPC 2.0 Acute Food Insecurity Phase

1: Minimal
2: Stressed
3: Crisis
4: Emergency
5: Famine
Would likely be at least one phase worse without current or programmed humanitarian assistance
FEWS NET classification is IPC-compatible. IPC-compatible analysis follows key IPC protocols but does not necessarily reflect the consensus of national food security partners.

IPC 2.0 Acute Food Insecurity Phase

1: Minimal
2: Stressed
3+: Crisis or higher
Would likely be at least one phase worse without
current or programmed humanitarian assistance
FEWS NET classification is IPC-compatible. IPC-compatible analysis follows key IPC protocols but does not necessarily reflect the consensus of national food security partners.
FEWS NET Remote Monitoring countries use a colored outline to represent the highest IPC classification in areas of concern.

IPC 2.0 Acute Food Insecurity Phase

Presence countries:
1: Minimal
2: Stressed
3: Crisis
4: Emergency
5: Famine
Remote monitoring
countries:
1: Minimal
2: Stressed
3+: Crisis or higher
Would likely be at least one phase worse without
current or programmed humanitarian assistance
FEWS NET Remote Monitoring countries use a colored outline to represent the highest IPC classification in areas of concern.

Key Messages

  • In West Africa, market availability was good in November with carryover stocks, early supplies from above-average 2015/16 regional harvests and international rice and wheat imports. Markets remained disrupted throughout the Lake Chad Basin.

  • In East Africa, maize prices increased seasonally in surplus-producing areas of Uganda and Tanzania. Below average harvests are anticipated in Ethiopia and Sudan, putting pressure on markets. Markets remain disrupted by insecurity in South Sudan, Somalia, and Yemen. 

  • In Southern Africa, regional maize production for the 2015/16 marketing year is estimated to be below-average. Significant maize deficits are seen in and Zimbabwe, Malawi, and Mozambique. Maize prices increased as stocks tightened with the progression of the lean season, especially in Malawi, and are well above-average price levels across the region.

  • In Central America, maize prices continued to seasonally decline across the region with supplies from the recent Primera season (main maize harvest). Red bean prices decreased early in El Salvador, Honduras, and Nicaragua with the early start of the bean harvest (Postrera). Locally-produced bean and maize availability remained below-average in Haiti, while imported commodity prices remained stable.

  • In Central Asia, wheat availability remained good region-wide. Prices are below their respective 2014 levels in surplus-producing areas.

  • International staple food markets remain well supplied. Maize, wheat, rice, and soybean prices were stable in November and below their respective 2014 levels (Figures 2 and 3). Crude oil prices decreased and remained below-average.

About Price Watch

Price Watch offers a monthly summary and outlook on global, regional and national trends of key commodity prices in FEWS NET countries. Analysis may touch on global issues, such as fuel prices or exchange rates, if they are likely to influence staple food prices in FEWS NET countries. The accompanying Price Watch Annex details price trends by country.

About FEWS NET

The Famine Early Warning Systems Network is a leading provider of early warning and analysis on food insecurity. Created by USAID in 1985 to help decision-makers plan for humanitarian crises, FEWS NET provides evidence-based analysis on some 28 countries. Implementing team members include NASA, NOAA, USDA, and USGS, along with Chemonics International Inc. and Kimetrica. Read more about our work.

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