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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.

FEWS NET has released its April Food Price Watch, citing stable prices throughout much of Africa and Central America. The Sahel region saw relatively stable cereals prices due to food assistance interventions and successful transport from surplus areas. In East Africa, staple prices remained generally stable, though high; some areas in this region saw seasonal increases.

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Read the Annex.

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.

FEWS NET has released the latest global price watch, citing declining food prices in Central America, Haiti, and West Africa. Despite ongoing harvests in Kenya, Somalia, and other regions in the Horn of Africa, the region continues to experience extremely high prices. Meanwhile, conflict in Sudan and South Sudan is threatening food security in the area, as are trade restrictions and poor harvest predictions.

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FEWS NET has released its Global Price Watch for August, citing slightly declining prices in some regions of East Africa and continued high staple food prices in Central America.

Download the full report.
Download the August Annex.

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