The latest FEWS NET Monthly Price Watch was released on Friday. The report states that international grain prices stabilized at higher levels in August and began to decline in September as more information about the extent of U.S. crop damage due the drought became available.

USDA has released its latest quarterly grain stocks update and is seeing important reductions in grain stock-to-use ratios. These reductions are expected to continue impacting prices and trade; however, as they were anticipated by most major traders, they should not increase price volatility in the coming weeks.

The USDA today released its latest World Agricultural Supply and Demand Report. The report continues to see reduced global production estimates for wheat, maize, and soybean. Global rice production, on the other hand, is expected to reach a near-record 464.2 million tons. The changes seen in this month's report are relatively small and were anticipated based on recent price trends.

FAO has released its Food Price Index for August, citing stabilizing world food prices. The Food Price Index has remained steady since July at 213 points. The report points out that while this level is high, it is still 25 points below the peak seen in February 2011.

International grain prices spiked sharply in July and have since stabilized at higher levels, according to the latest FEWS Food Price Watch. The August report reflects deteriorating weather conditions in several key exporting countries. The US drought has had a severe impact on both maize and soybean prices, while earlier South American crop losses have put further upward pressure on soybean prices.

The latest issue of the FAO Monthly News Report has been released. The report covers ongoing trends in grain prices and policies, including the impacts of the US drought and potential export restrictions in Russia.

The USDA has released the latest World Agricultural Supply and Demand Estimate. This report provides comprehensive forecasts of supply and demand for major U.S. and global crops and livestock.

The latest FAO Food Price Index was released today, citing an increase of 12 points from June. While the Index averaged 213 points in July, it remains well below the peak levels reached in February 2011.

As the drought in the US Midwest continues, stakeholders need access to up-to-the-minute information regarding weather patterns, crop conditions, and markets and prices. The USDA has released a comprehensive set of resources called Disaster and Drought Assistance to help stakeholders stay connected and informed about changing conditions.

FEWS NET has released its latest Monthly Price Watch, citing continuing rising prices for many staple commodities. US maize prices rose by 20% in July due to the ongoing drought in the Midwest; drop losses in both the US and South America have contributed to increased prices for soybeans and soybean oil as well. International wheat prices also increased in June and July due to expected shortfalls in the European Union, Russia, and Kazakhstan.