Food Price Monitoring and Analysis (FPMA) Bulletin #4, 15 May 2026

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FAO ;

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Despite ample supplies, international prices of wheat and maize edged up across several origins in April 2026 supported by concerns over fertilizer affordability and weather conditions. International rice prices also increased, driven by rising production, packaging and internal transport cost in most rice exporting countries. In domestic markets monitored by FAO, monthly changes in staple food prices largely reflected local market dynamics in March and April 2026. Nonetheless, an increasing number of countries introduced energy-rationing measures and consumer relief programmes to mitigate upward pressures on food prices arising from the crisis in the Strait of Hormuz. Domestic prices of wheat and coarse grain mixed trends, while rice prices increased amid growing concerns over higher input and distribution costs associated with the ongoing energy price shock. Favourable supply conditions contributed to cereal price declines in Southern Africa and helped contain price increases in West Africa as well as in Eastern Europe, the Caucasus and Central Asia regions. By contrast, seasonal price increases were recorded across East Africa, exacerbated by poor harvests in Somalia and persistent conflicts and macroeconomic challenges in South Sudan and the Sudan.

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