Food Price Monitoring and Analysis (FPMA) Bulletin #5, 11 June 2024

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dc.coverageWorld
dc.creatorFAO
dc.date2024-06-12T14:30:24Z
dc.date2024-06-11T12:45:15Z
dc.date2024-06-12T14:30:24Z
dc.date2024
dc.date2024-06-11T12:44:12Z
dc.date.accessioned2026-06-27T20:44:24Z
dc.descriptionInternational prices of all major cereals increased in May 2024. Significant increases were registered for wheat export prices, reflecting concerns about the impacts of unfavourable crop conditions in major producing countries, while maize export prices rose due to various factors. The FAO All Rice Price Index also increased in May, driven by higher Indica quotations. In many countries monitored by FAO, domestic staple food prices remained at high levels in April and May 2024, underpinned by adverse weather events, conflict-related disruptions to supply chains and macroeconomic difficulties contributing to high food distribution costs. The lingering effect of prolonged conflict and insecurity remained a major driver of the high food prices in Haiti, Myanmar, South Sudan, the Sudan and Sahelian countries. In Southern Africa and Argentina, the anticipated year-on-year decline in the maize output sustained upward pressure on prices, amidst ongoing harvests. In South America and Far East Asia, rice prices were generally higher year-on-year in the major producing countries despite seasonal harvest downward pressure.
dc.format20
dc.formatapplication/pdf
dc.identifier2707-1960
dc.identifier2707-1952
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/cd1117en
dc.identifier.urihttp://hdl.handle.net/123456789/203036
dc.languageEnglish
dc.publisherFAO ;
dc.relationFPMA Bulletin
dc.relation05/2024
dc.rightsFAO
dc.rightsCC BY NC SA 3.0 IGO
dc.titleFood Price Monitoring and Analysis (FPMA) Bulletin #5, 11 June 2024
dc.titleMonthly report on food price trends
dc.typeJournal, magazine, bulletin

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