What's New

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.

FEWS NET has released the latest update to its West Africa Food Security Outlook . The report sees good crop production in the region, with initial evaluations citing cereal production between 5 and 17 percent higher than 2011. The report cautions, however, that due to continuing high prices and past stock depletion, food insecurity in some parts of the region could remain at Phase 2 (Stressed) levels through October.

The September issue of the FAO Monthly News Report was released today. The report covers ongoing global and regional trends in grain prices and policies. This month's report includes articles on the US Farm Bill, EU biofuels policies, and the drop in US corn and soybean surpluses.

The FAO Monthly News Report on Grains series provides a collection of news articles from international media and news sources on issues relating to the international grain economy. These reports also include statistics and upcoming events.

AGRODEP (African Growth and Development Policy Modeling Consortium) has now launched its fourth round of membership extension . Qualified economists from Africa are eligible; membership provides free access to cutting-edge economic research tools, resources, and training that may otherwise be unavailable to researchers in the region.