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June 2015 Price Watch

  • Price Watch
  • Global
  • June 30, 2015
June 2015 Price Watch

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  • Key Messages
  • Key Messages
    • In West Africa, market availability was adequate in May, with supplies from recent 2014/15 harvests and international rice and wheat imports. Staple food prices were stable or declining, except in areas directly and indirectly affected by the conflict in northeastern Nigeria. The recent opening of borders among Ebola-affected countries contributed to improved trade flows in some areas, following disruptions over the second half of 2014.

    • In East Africa, maize prices increased seasonally in surplus-producing Uganda and in Ethiopia, Somalia, and Kenya. Maize prices were stable or began decreasing in Tanzania with the onset of the May-to-August harvests. Sorghum prices were stable in Sudan and Somalia. Staple food prices were high and variable in the Greater Upper Nile States of South Sudan. Conflict and insecurity continued to disrupt markets in parts of South Sudan, Somalia, the Darfur and South Kordofan States in Sudan, and across Yemen.

    • In Southern Africa, regional staple food availability increased in May as fresh supplies from recent harvests arrived onto markets across the region. Production during the 2014/15 production year is estimated to be below-average in the region’s surplus-producing countries and at the regional level. Maize prices varied across the region, decreasing seasonally in Zambia and Mozambique, and varying considerably elsewhere.

    • Staple food availability remained generally adequate to meet local needs throughout Central America and Haiti. However, market supplies were below-average across the region due to the effects of below-average harvests over the past year and high seed demand for planting. Maize, red bean, and black bean prices were seasonally stable in Central America while prices in varied in Haiti. Regionally-produced staple food prices were generally close to five-year average levels throughout Central America.

    • In Central Asia, wheat availability remained good in Afghanistan and Pakistan. Prices remained stable in Kazakhstan and Tajikistan after increasing over the last quarter of 2014.

    • International maize, rice, wheat, and soybean prices were stable and below their respective 2014 levels. Global markets are wellsupplied global markets from record or near-record global production in 2014 and overall favorable prospects for 2015 crops. Crude oil prices increased again in May, but remained belowaverage.

    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.

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