FEWS NET Monthly Price Watch
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FEWS Net Reports Stable Global Staple Food Prices, Supplies But Varied Country-level Conditions
In the latest Monthly Price Watch , released by FEWS Net on April 29, international prices of maize, wheat, rice, and soybeans were reported stable in March, and below their respective 2015 levels. The report also sees well supplied international markets for these staple foods.
Rice, Maize, Wheat Prices Stable in December
The latest FEWS Net Monthly Price Watch was released this week, citing stable international maize, rice, and wheat prices in December. Maize prices were over 30 percent lower than their December 2012 levels; global maize stocks are expected to hit their highest levels in over a decade due to near-harvest records in the United States, high stocks in South America, and decreasing overall use estimates. World soybean and palm oil production are also expected to reach record levels in 2013-2014. Soybean prices in December were below their 2012 levels.
FEWS Net Monthly Price Watch Released
The latest FEWS Net Monthly Price Watch was released yesterday. The report sees declines in the majority of international prices, with the exception of soybeans.
FEWS Net Monthly Price Watch Sees Declining Maize, Wheat Prices
The latest FEWS Net Monthly Price Watch was released today, reporting considerable declines in the price of wheat and maize in the past few months. Between June and August, monthly average international maize prices dropped significantly due to improved harvest prospects in the United States; current harvest prospects suggest that prices may drop even further in the coming months. Global maize stocks are also projected to rise to their highest levels in nearly a decade.
FEWS Net Sees Stable Grain Prices
The latest FEWS Net Monthly Price Watch was released last week, citing generally stable international staple grain prices.
Large carry-over stocks of Thai rice have balanced out against record low rice production in the US; global rice production estimates remain on track to surpass record 2011-2012 harvests. Global maize prices also remained stable in June after sharp declines in April, while wheat export prices held steady due to favorable production prospects. Global soybean output is estimated to increase on strong production expected in both North and South America.