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FAO/Swithun GoodbodyFEWS NET has released the latest Monthly Price Watch for May 2012. The report cites slight fluctuations in the international grains markets, with wheat increasing in many markets and maize export prices continuing to decrease. In both East and West Africa, staple food prices (particularly cereals prices) increased in April. These increases were due to diminishing stocks from previous harvests (East Africa) and a rapid increase in demand that is still unmatched by supply (West Africa, particularly the Sahel).
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