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Regional Supply and Market Outlook Reports

Southern Africa | January 2017

West Africa | December 2016

Central Asia | November 2016

 

Key Messages from the February 2017 Global Price Watch (reporting on January 2017 prices):

  • In West Africa, regional staple food production during the 2016/17 marketing year was well above-average. Current market anomalies are concentrated in the eastern marketing basin, including conflict-related market disruptions in the Lake Chad basin, localized above-average grain deficits in Niger, the impacts of the continued depreciation of the Naira, and the closure of the Libya-Chad border, which has limited imports of processed and manufactured goods.

  • In East Africa, prices remain well above-average in South Sudan, Somalia, and Yemen. While Somalia is facing well below-average domestic production, markets remain severely disrupted by insecurity in Yemen and South Sudan. Uncertain import capacity in Yemen could threaten food availability after January. Staple food prices seasonally decreased or remained stable in Kenya, Sudan, and Ethiopia with ongoing harvests, while increasing in Uganda and Tanzania. 

  • In Southern Africa, regional maize availability is currently below-average and availability in markets continued decreasing with the progression of the lean season. Maize prices are above their respective 2015 and five-year average levels region wide. Maize imports by South Africa and Zimbabwe from well-supplied international grain markets have offset over half of the regional deficit; maize export restrictions in Zambia remain in place. Price increases have been contained in Malawi by large-scale humanitarian assistance efforts underway.

  • In Central America, maize and bean availability remained high with supplies from the recent Primera and ongoing Postrera harvests. Maize prices were seasonally stable or declining and below average across the region, while bean prices were stable. Hurricane Matthew destroyed crops and market infrastructure across much of southwestern Haiti. Prices of locally produced staples remain higher than average as the major markets of Les Cayes and Jérémie recover from Hurricane Matthew. Imported commodity prices remain stable despite the depreciation of the Gourde.

  • In Central Asia, average regional harvests and above-average stocks sustained adequate supplies. Prices were below 2016 levels in Kazakhstan, above-average in Tajikistan, and near average in Afghanistan and Pakistan.

  • International staple food markets remain well supplied. Maize, wheat and soybean prices increased, while rice prices were mixed in January (Figure 2). Crude oil prices were stable and remained well below-average.

Markets & Trade Products

Price Watch

About Price Watch

Price Watch offers a monthly summary and outlook on global, regional and national trends of key commodity prices in FEWS NET countries. Analysis may touch on global issues, such as fuel prices or exchange rates, if they are likely to influence staple food prices in FEWS NET countries. The accompanying Price Watch Annex details price trends by country.

Price Bulletins

About Price Bulletin

Price Bulletins are produced monthly and available by country. They provide graphs tracking the prices of commodities that are important locally.

Cross Border Trade Reports

About Cross Border Trade Reports

Cross Border Trade Reports are periodic documents on trade from country to country or in a region, usually addressing the exchange of food commodities at selected border points.

Production and Market Flow Maps

About Production and Trade Flow Maps

Production and Trade Flow Maps capture the market networks for a product in a given country or region, including their catchments and trade flow patterns. These maps are available for key products in most FEWS NET countries.

About Market & Trade

Across the developing world today, huge majorities of poor people—both urban and rural—rely on markets for staple foods.

Even small holders who produce their own food may rely on markets to add diversity to their diets or to supplement their stocks during lean periods. They may also count on markets to sell crops, trade assets such as livestock, or find casual labor opportunities. The trade flows that support these markets are powerful forces, influenced by suppliers, traders, and buyers responding to changes in supply and demand, ultimately determining prices and the availability of food. 

FEWS NET conducts regular analysis of markets and trade, monitoring local staple food prices and regional trade flows as well as macroeconomic drivers. This work centers on countries where we conduct regular food security analysis, as well as selected others, such as South Africa and Kazakhstan, whose markets greatly influence those of their neighbors. For each country, FEWS NET specialists consider products of local importance, looking at major production and consumption markets. Monthly reports, known for their objectivity and accessibility, are published on this website and distributed by subscriber list.

Women buying fresh green vegetables at a West African marketIn addition, our market specialists collaborate with food security analysts to integrate assumptions on trade flows and prices into FEWS NET’s monthly early warning analysis. As warranted, the team conducts more extensive price projections using fundamentals analysis of market drivers and technical analysis of historical price data.

FEWS NET cooperates closely with a network of food, agricultural and economic entities, relying on them for expertise as well as data on prices and other economic indicators. They include: national ministries of agriculture, statistical offices and market information systems; the Food and Agriculture Organization of the United Nations (FAO); the World Food Program (WFP); and others. In a handful of countries, FEWS NET has teams of market monitors who collect data.

Along with the regular reporting, FEWS NET also offers a series of clear, concise guidance documents to explain the basics of markets and trade analysis, assessment, and monitoring.

About FEWS NET

The Famine Early Warning Systems Network is a leading provider of early warning and analysis on food insecurity. Created by USAID in 1985 to help decision-makers plan for humanitarian crises, FEWS NET provides evidence-based analysis on some 34 countries. Implementing team members include NASA, NOAA, USDA, and USGS, along with Chemonics International Inc. and Kimetrica. Read more about our work.