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May 4th, 2023

Agricultural Market Information System (AMIS) Market Monitor May 2023

While international wheat, maize and vegetable oil prices registered record highs and much volatility last year, rice markets kept relatively calm in view of large global supplies. Over the past seven months, however, rice prices have been generally on a rise and in some suppliers increased by more than 25 percent. The rapid emergence of El Niño, a climate pattern that describes the unusual warming of surface waters in the eastern Pacific Ocean, combined with a positive Indian Ocean Dipole raises concerns about possible impacts on rice production in South and Southeast Asia. Much will depend on the timing and strength of El Niño, especially as to whether or not normal monsoon patterns will be affected. Over the next couple of months, these climatic developments will be closely monitored by AMIS.
May 1st, 2023

IPC Alert - Bangladesh, May 2023

BANGLADESH: nearly 9 million people experience high levels of acute food insecurity between March and April 2023 driven by repeated climatic shocks and high food prices
May 1st, 2023

IPC Alert - Somalia, May 2023

Somalia: Nearly 6.6 million people likely to experience high levels of acute food insecurity, 1.8 million children expected to be acutely malnourished
Apr 6th, 2023

Agricultural Market Information System (AMIS) Market Monitor April 2023

Over the past 10 months, world prices of most grains and oilseeds have fallen back to levels prior to the war in Ukraine. Likewise, volatility in prices has also declined considerably from recent highs. With the extension of the Black Sea Grain Initiative, there is hope that the world is recovering from the price shocks of the past year. Yet, while prices have fallen in international markets, they have frequently remained high at local level, particularly in net food importing developping countries reflecting the weakening of their currencies against the US dollar. As a result, food price inflation is still a serious concern in many countries, also because post-farm gate costs for shipping and processing remain subject to inflationary pressures.
Mar 2nd, 2023

Agricultural Market Information System (AMIS) Market Monitor March 2023

With no end in sight to the war in Ukraine and threats of further escalation, uncertainty continues to hang over agricultural markets. Supplies are tight. Reduced plantings in Ukraine mean that other countries will need to produce additional grains and oilseeds to help rebuild global stocks and moderate price levels. The world has so far been relatively fortunate: a combination of good weather and strong producer supply response has kept market prices from rebounding back to the high levels of early 2022. However, tight stocks will mean increased price volatility, particularly during periods of uncertainty such as planting times and the Northern Hemisphere growing seasons. In addition, uncertainty over events like the renewal of the Black Sea Grain Initiative will continue to roil markets.
Mar 1st, 2023

IPC Alert - Somalia, Mar 2023

Somalia: Nearly 6.5 million people likely to experience high levels of acute food insecurity between April and June, 1.8 million children will likely be acutely malnourished