The FAO’s monthly report on food price trends was released on August 10th. The bulletin reports on recent food price developments at the global, regional, and country levels, with a focus on developing countries and provides early warnings for high country-level food prices that may negatively affect food security.
The GIEWS Global Food Price Monitor for May was released today, citing a 5 percent rise in global maize prices. The increase in maize prices reflects planting delays in the US caused by cold, wet weather in key growing areas. Wheat export sales also increased in May, adding further upward pressure on prices. Higher maize prices were seen in many low-income countries in LAC due to higher transport costs and reduced outputs.
The latest GIEWS Global Food Price Monitor , released on Monday, cites slight declines in export prices for international wheat and maize in January. The benchmark US wheat price dropped 3 percent from December, largely on lower US exports and large supplies of wheat feed on the international market. Wheat's decline was somewhat limited, however, by continued drought conditions in the US and a weakening dollar.
The latest edition of the GIEWS Global Food Price Monitor reports that international cereals export prices remained stable in October. While wheat prices experienced some upward pressure due to trends in Australia and Ukraine, this was offset by favorable planting conditions for US winter wheat. Similarly, rice prices remained stable, falling only 1 percent from September. Maize prices also fell marginally based on slowing trade activity and progress of the US harvest.