PRICE WATCH April 2019 Prices May 31, 2019

PRICE WATCH April 2019 Prices

May 31, 2019

KEY MESSAGES

? In West Africa, current market supplies are regular. Supplies seasonally decreased at the end of the post-harvest period. Seasonal demand increased with the replenishment of stocks, but remains below average in several countries, despite Ramadan, due to sustained household stocks and reduced institutional purchases. Coarse grain prices in the Sahel were stable or seasonally increasing compared to March 2019, but closer or slightly below average levels. Above-average rice prices continued in coastal countries due to currency depreciation and inflation. Disrupted market activities persisted, with pronounced impacts on supplies and trade flows Greater Lake Chad basin, Tibesti region, and Liptako-Gourma region due to insecurity. Livestock markets remain affected by insecurity and limited export opportunities to Nigeria. Seasonal demand will continue with the depletion of stocks and increased market reliance throughout the region. Staple prices will increase but will be below last year and within average ranges in most countries.

? In East Africa, staple food prices remained stable or increased seasonably across much of the region. Prices were atypically stable or declined in Somalia in April following increased supplies from delayed January-to-February harvests. Wheat flour prices remained stable at elevated levels in most markets in Yemen. Conflict and severe macro-economic instability continued to disrupt markets and sustain significantly high prices in Yemen, South Sudan and Sudan.

? In Southern Africa, maize supply improved seasonally as the main 2019/20 harvest began. Maize grain prices were stable or decreasing in key reference markets except for parts of Mozambique, Zambia and Zimbabwe that experienced several shocks during the main growing season and where harvests are either delayed or minimal. Maize grain prices remain above their year earlier levels across the region. Maize grain was able to circulate between surplus and deficit areas without major trade restrictions excluding Zambia, where export restrictions were reintroduced in April for maize grain and maize meal.

? In Central America, maize market supplies remained sufficient but continued to decline following the conclusion of the recent Postrera harvests, while availability from the recent bean harvests helped maintain supply levels across the region. Carryover stocks and imports also contributed to supplies. Maize and bean price trends varied in April. Prices trends varied in Nicaragua with maize prices declining in April at above average levels while bean prices increased slightly at below-average levels. In Haiti, staple food markets are well supplied. Local maize and black bean prices increased in April while imported rice and maize meal prices were stable. Prices for both local and imported staples remain Figure 1. FEWS NET Country Coverage significantly above their five-year average levels and are expected to increase in the coming months due to concerns over abnormal dryness in the southern peninsula, weak macroeconomic fundamentals and an unstable socio-political climate.

? Regional availability and price trends varied considerably across Central Asia with the progression of the 2018/2019 marketing year (MY). Due to prolonged periods of dryness and below-average cumulative precipitation, wheat production is expected to be slightly less than the previous year but almost equal to the fiveyear average. Regional wheat deficits are expected to be filled through intra-regional trade.

Source: FEWS NET

? International staple food markets remain well supplied. Rice prices were stable while wheat, maize and soybean prices weakened in April. Crude oil prices increased for the fourth consecutive month, reflecting declining oil inventory and heightened market perceptions of oil supply risks. Global fertilizer prices decreased on average.

FEWS NET monitors trends in staple food prices in countries at risk of food insecurity. The Price Watch provides an update on market and price trends in selected reference markets. Specific trends for key reference markets and commodities are available in the Price Watch Annexes 1 and 2. FEWS NET gratefully acknowledges partner organizations, ministries of agriculture, national market information systems, the Regional Agricultural Intelligence Network, the Food and Agriculture Organization of the United Nations (FAO), the World Food Programme (WFP), and others for their assistance in providing price data.

FEWS NET fewsnetinfo@

FEWS NET is a USAID-funded activity. The content of this report does not necessarily reflect the view of the United States Agency for International Development or the United States Government.

PRICE WATCH ANNEX 1 April 2019 Prices

May 31, 2019

Food and Fuel Price Trends

Food and Fuel Price Trends

West Africa West Africa

Major markets Bohicon Benin Come Benin

Cotonou Benin

Malanville Benin

Parakou Benin

Bobo Dioulasso Burkina Faso

Djibo Burkina Faso

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Rice (5% Broken)

XOF 425.53 0

0

-6

$0.73

Maize Grain (White)

XOF 177.30 0

-

- - -

$0.30

Rice (5% Broken)

XOF 372.34 0

-

- - -

$0.64

Beans (White)

XOF 434.78 0

-43

- -

$0.74

Maize Grain (White)

XOF 192.31 0

-12 -20

$0.33

Rice (5% Broken)

XOF 531.91 0

0

0

$0.91

Gari

XOF 250.00 -12 -30 -29

$0.43

Maize Grain (White)

XOF 152.63 16 -19 -23

$0.26

Maize Grain (White)

XOF 192.31 2

5

10

$0.33

Rice (5% Broken)

XOF 408.06 2

-1

-5

$0.70

Maize Grain (White)

XOF 139.00 0

-18

-4

$0.24

Millet (Pearl)

XOF 222.00 0

-11

7

$0.38

Sorghum (White)

XOF 183.00 0

-12

8

$0.31

Maize Grain (White)

XOF 187.00 -2

-10

-4

$0.32

Millet (Pearl)

XOF 177.00 0

-24 -13

$0.30

Major markets Djibo Burkina Faso Koudougou Burkina Faso

Ouagadougou Burkina Faso

Pouytenga Burkina Faso

Solenzo Burkina Faso

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Sorghum (White) XOF 172.00 4 $0.29

Maize Grain (White) XOF 143.00 0 $0.24 Millet (Pearl) XOF 183.00 -1 $0.31

Sorghum (White) XOF 168.00 0 $0.29 Gasoline XOF 657.00 0 $1.12

Maize Grain (White) XOF 156.00 3 $0.27 Millet (Pearl) XOF 222.00 2 $0.38

Refined Vegetable Oil XOF 850.00 8 $1.46

Sorghum (White) XOF 209.00 -5 $0.36

Whole milk powder XOF 5450.00 0 $9.33

Maize Grain (White) XOF 133.00 -6 $0.23 Millet (Pearl) XOF 183.00 0 $0.31

Sorghum (White) XOF 121.00 -2 $0.21

Maize Grain (White) XOF 85.00 -3 $0.15

Millet (Pearl) XOF 116.00 -3

$0.20

-19 -5

-21 -10

-27 -9

-17 -4

9

0

-9

2

-13

2

-4

-4

-8

5

0

0

-10 -12

-25 -12

-19 -17

-42 -30

-38 -28

The Famine Early Warning Systems Network (FEWS NET) monitors trends in staple food prices in countries vulnerable to food insecurity. The Price Watch Annex 1 provides prices and price changes for key markets and staple foods monitored across FEWS NET countries and regions. The prices are final monthly average prices for April 2019. Commodities included in the Annex are the staples most often consumed by the poor in the indicated market. Additional commodities provided are important commodities consumed in the same areas or fuel prices that affect food prices. Final monthly average prices are used. The symbols () depict the direction of price changes: the red upward-facing arrow denotes an increase of five percent or greater. The blue horizontal arrow denotes no change or changes that are smaller than 5 percent, and the green downward-facing arrow denotes price decreases that are five percent or greater. The three arrows respectively correspond to the percent change in prices this month compared to last month, last year, and the five-year average. The "-" symbol indicates that data are not available. The commodities with a reference (W) are wholesale prices. Otherwise, all reported prices are retail.

FEWS NET fewsnetinfo@

FEWS NET is a USAID-funded activity. The content of this report does not necessarily reflect the view of the United States Agency for International Development or the United States Government.

West Africa West Africa

PRICE WATCH ANNEX

Food and Fuel Price Trends

Major markets Solenzo Burkina Faso Abeche Chad

Bol Chad Moundou Chad

Moussoro Chad

N'Djamena Chad

Sarh Chad

Bamako Mali

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Sorghum (White)

XOF 96.00 -8

-36

-25

$0.16

Millet (Pearl)

XAF 142.00 0

-30 -34

$0.24

Sorghum (Red)

XAF 107.00 -1

-31

-34

$0.18

Maize Grain (White)

XAF 180.00 -

-17 -21 -

$0.31

Millet (Pearl)

XAF 162.00 -1

-18

-18

$0.28

Sorghum (Red)

XAF 146.00 -5

-13

-18

$0.25

Maize Grain (White)

XAF 234.00 10

-6

-13

$0.40

Millet (Pearl)

XAF 220.00 2

-15 -17

$0.38

Rice (5% Broken)

XAF 600.00 0

0

- -

$1.03

Maize Grain (White)

XAF 200.00 0

-20 -20

$0.34

Millet (Pearl)

XAF 200.00 0

-24 -27

$0.34

Rice (5% Broken)

XAF 490.00 -2

-2

-1

$0.84

Rice (Milled)

XAF 420.00 0

-8

-2

$0.72

Sorghum (Red)

XAF 130.00 -7

-35

-35

$0.22

Millet (Pearl)

XAF 142.00 -1

-25

-35

$0.24

Sorghum (Red)

XAF 132.00 6

-20 -25

$0.23

Millet (Pearl)

XOF 200.00 -5

-23

-12

$0.34

May 31, 2019

Food and Fuel Price Trends

Major markets Bamako Mali Gao Mali Kayes Mali Koulikoro Mali Mopti Mali Segou Mali

Sikasso Mali Timbuktu Mali Agadez Niger

Diffa Niger

Gaya Niger Maradi Niger

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Rice (Gambiaca)

XOF 375.00 0

-4

-1

$0.64

Millet (Pearl)

XOF 250.00 6

-9

9

$0.43

Millet (Pearl)

XOF 258.00 3

-14

-1

$0.44

Millet (Pearl)

XOF 200.00 5

-17

3

$0.34

Millet (Pearl)

XOF 200.00 0

-20

-6

$0.34

Millet (Pearl)

XOF 150.00 0

-33 -17

$0.26

Rice (Gambiaca)

XOF 350.00 0

-1

5

$0.60

Millet (Pearl)

XOF 200.00 1

-20

-5

$0.34

Rice (Milled)

XOF 333.00 0

18 13

$0.57

Millet (Pearl)

XOF 235.00 2

-9

- -

$0.40

Rice (5% Broken)

XOF 500.00 0

0

0

$0.86

Cowpeas (Mixed)

XOF 351.85 -13 -20 -14

$0.60

Millet (Pearl)

XOF 203.00 0

-13 -13

$0.35

Sorghum (Mixed)

XOF 170.00 0

-21 -19

$0.29

Maize Grain (Mixed)

XOF 179.00 7

-25 -11

$0.31

Maize Grain (Mixed)

XOF 180.00 0

-10 -11

$0.31

Millet (Pearl)

XOF 200.00 10

-14

-6

$0.34

____________________________________________________________________________________________________

Famine Early Warning Systems Network

3

West Africa West Africa

PRICE WATCH ANNEX

Food and Fuel Price Trends

Major markets Maradi Niger Niamey Niger

Sabon Machi Niger Tahoua Niger

Tillab?ri Niger

Dandume Nigeria

Giwa Nigeria

Ibadan Nigeria

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Sorghum (Mixed)

XOF 169.00 1

-21 -13

$0.29

Maize Grain (Mixed)

XOF 192.00 -1

-2

-7

$0.33

Millet (Pearl)

XOF 257.00 8

-7

-2

$0.44

Rice (5% Broken)

XOF 450.00 0

0

10

$0.77

Sorghum (Mixed)

XOF 233.00 0

-10

-2

$0.40

Cowpeas (Mixed)

XOF 241.00 -12 -48 -33

$0.41

Millet (Pearl)

XOF 240.00 0

-20 -10

$0.41

Sorghum (Mixed)

XOF 202.00 0

-23 -16

$0.35

Millet (Pearl)

XOF 245.00 -5

-

- - -

$0.42

Sorghum (Mixed)

XOF 231.00 0

-

- - -

$0.40

Millet (Pearl)

NGN 114.34 22 -15

- -

$0.32

Rice (Milled)

NGN 207.51 -20 -10

- -

$0.57

Sorghum (White)

NGN 90.16 -2

-31

- -

$0.25

Maize Grain (White)

NGN 98.13 8

-

- - -

$0.27

Sorghum (White)

NGN 82.41 -4

-

- - -

$0.23

Bread

NGN 341.30 -17 -19

8

$0.94

Diesel

NGN 225.00 -2

13

22

$0.62

May 31, 2019

Food and Fuel Price Trends

Major markets Ibadan Nigeria

Ilela Nigeria

Kano Nigeria

Kaura Namoda Nigeria

Lagos Nigeria Maiadua Nigeria

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Gasoline

NGN 144.70 1

1

5

$0.40

Maize Grain (White)

NGN 100.19 0

-16

1

$0.28

Palm Oil (Refined)

NGN 333.33 -13 -23

-2

$0.92

Sorghum (White)

NGN 118.01 -9

-16

5

$0.33

Millet (Pearl)

XOF 149.00 1

-28

- -

$0.26

Sorghum (Mixed)

XOF 140.00 1

-20

- -

$0.24

Diesel

NGN 246.25 0

23

- -

$0.68

Gasoline

NGN 143.55 0

-1

- -

$0.40

Groundnuts (Shelled)

NGN 94.43 -2

-70 -62

$0.26

Maize Grain (White) (W)

NGN 90.00 -1

-22

-7

$0.25

Millet (Pearl) (W)

NGN 91.67 5

-33

-8

$0.25

Sorghum (White) (W)

NGN 79.70 -17 -28

-9

$0.22

Maize Grain (White)

NGN 96.68 -7

-11

5

$0.27

Sorghum (White)

NGN 98.22 15 -22 10

$0.27

Yams

NGN 193.72 6

1

-9

$0.54

Millet (Pearl)

XOF 162.00 1

-21

- -

$0.28

Sorghum (Mixed)

XOF 149.00 6

-19

- -

$0.26

____________________________________________________________________________________________________

Famine Early Warning Systems Network

4

West Africa East Africa

PRICE WATCH ANNEX

Food and Fuel Price Trends

Major markets Saminaka Nigeria

Dakar Senegal

Kaolak Senegal

Saint-Louis Senegal

Tambacounda Senegal Ziguinchor Senegal

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Maize Grain (White)

NGN 81.97 0

-18

0

$0.23

Sorghum (White)

NGN 97.52 4

-17

6

$0.27

Millet

XOF 238.00 0

-1

2

$0.41

Rice (100% Broken)

XOF 300.00 -14

5

8

$0.51

Millet

XOF 184.00 3

27

7

$0.32

Rice (100% Broken)

XOF 294.00 0

7

8

$0.50

Millet

XOF 250.00 3

5

11

$0.43

Rice (100% Broken)

XOF 300.00 0

5

10

$0.51

Millet

XOF 196.00 -2

6

3

$0.34

Rice (100% Broken)

XOF 300.00 0

0

4

$0.51

May 31, 2019

Food and Fuel Price Trends

Major markets Addis Ababa Ethiopia

Bahir Dar Ethiopia Bure Ethiopia

Dire Dawa Ethiopia Mekele Ethiopia Eldoret Kenya

Kisumu Kenya

Kitui Kenya

Current price/kg US$ price

% Change Over One One 5-year month year avg.

Change over one month, one year, and 5-year avg.

Maize Grain (White) (W)

ETB 8.46 21

26

- -

$0.29

Wheat Grain (W)

ETB 15.12 -1

21

- -

$0.52

Maize Grain (White) (W)

ETB 8.50 13

21

- -

$0.29

Maize Grain (White) (W)

ETB 6.83 5

10

- -

$0.23

Wheat Grain (W)

ETB 13.03 0

16

- -

$0.45

Wheat Grain (W)

ETB 16.18 1

25

- -

$0.56

Maize Grain (White) (W)

ETB 7.45 0

5

- -

$0.26

Beans (Rosecoco) (W)

KES 108.00 12

20

15

$1.06

Maize Grain (White) (W)

KES 28.97 40

10

-6

$0.28

Potato (White) (W)

KES 27.36 68

46

18

$0.27

Sorghum (Red) (W)

KES 60.00 0

-14

-6

$0.59

Beans (Rosecoco) (W)

KES 93.33 5

-5

-1

$0.92

Maize Grain (White) (W)

KES 36.11 24

-8

-13

$0.35

Potato (White) (W)

KES 27.23 47

33

-14

$0.27

Sorghum (Red) (W)

KES 38.06 10 -18 -13

$0.37

Potato (White) (W)

KES 40.00 3

-20

1

$0.39

Sorghum (Red) (W)

KES 60.00 0

-25

7

$0.59

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Famine Early Warning Systems Network

5

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