Food Price Monitoring and Analysis (FPMA) Bulletin #9, 14 November 2025
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World maize prices stabilized in October 2025, amid ample supplies, tempered by US yield concerns and China-US trade developments. At the same time, international wheat prices varied across origins, but movements remained contained. International rice prices declined, driven by intense competition for markets and the start of main-crop harvests in several exporting countries. In domestic markets monitored by FAO, cereal prices declined seasonally across multiple regions during September–October 2025, consistent with post-harvest trends. Maize prices declined in Central America and Southern Africa, while prices of coarse grains fell in West Africa. Similarly, rice prices eased in Far East Asia and South America, reflecting improved supply from the recent harvests. Wheat and wheat flour prices were stable or declined in South America, Eastern Europe, Caucasus and Central Asia, underpinned by ample supplies. By contrast, wheat prices increased across Asia, particularly in Afghanistan and Pakistan, due to crop and stock losses stemming from adverse weather conditions. In parts of the Near East, persistent currency weakness and subsidy cuts continue to drive year-on-year cereal price increases. In East Africa, prices of coarse grains remained elevated year-on-year in several countries, in particular in South Sudan and the Sudan. In the Sudan’s North Darfur State, prices in Al Fashir Market increased markedly, driven by severely constrained market access, amid intensified conflict and the ongoing siege of the city.