FPMA Bulletin #4, 10 May 2017
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
FAO ;
Resumen
Descripción
International wheat prices generally declined in April, on account of ample supplies and generally favourable outlook for the 2017 harvest. Export prices of maize remained under downward pressure, mainly reflecting expectations of bumper crops in Southern Hemisphere countries. By contrast, international rice prices increased, supported by a rebound in trade activity, especially due to accelerated sales to countries of the Near East. In East Africa, cereal prices rose further in April and reache d record or near‑record levels in most countries. Prices were underpinned by tight supplies, following drought-reduced 2016 second season outputs, and uncertain prospects for the upcoming 2017 harvests due to drier‑than‑average conditions and armyworm infestation affecting key‑growing areas. In Southern Hemisphere countries, favourable maize production prospects kept domestic prices under downward pressure in April and below their year-earlier levels. In Brazil, where a bumper first season crop is being harvested, maize prices declined sharply in April and averaged some 40 percent lower than a year earlier. In South Africa, expectations of a near‑record output pushed down white maize prices for the fourth consecutive month to less than half their year-earlier levels.