Skip to main content

November 2015 Global Price Watch

  • Price Watch
  • Global
  • November 30, 2015
November 2015 Global Price Watch

Download the Report

  • Key Messages
  • Key Messages
    • In West Africa, market availability was good in October with carryover stocks, early supplies from above-average 2015/16 regional harvests and international rice and wheat imports. Markets remained disrupted in areas directly and indirectly affected by the conflict in northeastern Nigeria.

    • 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 Mozambique, Zimbabwe, and Malawi. Zambian regional exports well remained above-average while South Africa’s exports remained well below-average. Maize prices remained stable or seasonally increased as stocks tightened with the onset of the lean season, and are well above-average price levels across the region.

    • In Central America, maize prices seasonally declined across the region with supplies from the recent Primera season (main maize harvest). Red bean prices atypically decreased in El Salvador, Honduras, and Nicaragua ahead of the main bean harvest (Postrera) next month due to supplies from regional and international imports. 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 October. While maize prices were similar to 2014 levels, wheat, rice, and soybean prices were below their respective 2014 levels. Crude oil prices were stable and remained below-average.

    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.

    Get the latest food security updates in your inbox Sign up for emails

    The information provided on this Website is not official U.S. Government information and does not represent the views or positions of the U.S. Agency for International Development or the U.S. Government.

    Jump back to top