Data

FEWS NET has released the Global Price Watch for November 2011, citing a slight decline in global wheat and maize prices. On the other hand, global rice prices increased slightly due to a decline in Thai exports and floods in Southeast Asia.

Prices in East Asia fell in some surplus-producing areas, as well as areas in the Horn of Africa that continue to receive significant international assistance. Grain supplies are constrained in West Africa due to delayed harvests; this constrain has delayed the seasonal price decreases in that reason.

GIEW has released its Global Food Price Monitor for November, 2011. The report cites a drop in the FAO Food Price Index to an 11-month low in October, based on sharp decreases in the price of all commodities covered by the report except for rice. Rice prices remained firm in October but did not increase despite Thailand's new price procurement policy and flooding in Southeast Asia.

In addition, cereals prices in East Africa also declined, but remain well above 2010 levels.

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GIEWS has released the latest Global Food Price Monitor, citing a decline in the FAO Food Price Index for the third straight month. International grains prices fell in September, while the price of rice rose on the global market. Eastern Africa continues to experience cereal prices that are two to four times higher than they were this time last year.

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GIEWS has released the October 2011 Crop Prospects and Food Situation report. The report cites improved prospects for global cereals production, based on higher expectations for rice and wheat. September saw a sharp fall in the price of all cereals except rice. This decrease was triggered by a number of factors, including the general global economic slowdown.

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FEWS NET has released its Global Price Watch for September 2011, citing continuing high prices in Kenya, Ethiopia, and Somalia. Africa's newest nation, South Sudan, is also facing increased prices on some staple goods due to conflict and trade restrictions. Global rice prices saw a moderate upswing, due in part to Thailand's new rice price subsidy.

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