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East Africa Sees Steadily Rising Food Prices
FEWS NET has released its Food Price Watch for June, citing steadily increasing staple food prices in East Africa. Rising prices in the region are being caused by a combination of dwindling supplies from previous harvests and market interruptions due to conflict; many areas of the region were already seeing alarmingly high food prices.
FEWS NET Releases Latest Global Price Watch
FEWS NET has released the Global Price Watch for November 2011, citing a slight decline in global wheat and maize prices. On the other hand, global rice prices increased slightly due to a decline in Thai exports and floods in Southeast Asia.
Prices in East Asia fell in some surplus-producing areas, as well as areas in the Horn of Africa that continue to receive significant international assistance. Grain supplies are constrained in West Africa due to delayed harvests; this constrain has delayed the seasonal price decreases in that reason.