The market in brief:To download the issue 8 of Grains Farmers, the bulletin of information about cereal market in West Africa, Click here
During the month of March, commercial activities remained dynamic and the enthusiasm of the actors on the market for cereals remained unchanged. Thus, as was observed in the past month, important marketing of cereals (maize, millet, sorghum, and rice) continued. Overall, the markets were well supplied with cereals thanks to the good harvests recorded, the maintenance of cross-border flows and the good level of commercial stocks in the various markets monitored. Overall the situation during the month of March is as follows:
- For rice, the trend is stable and in some cases a slight decline in almost all the markets monitored in the different countries except Benin and Guinea
- For maize, it is quite stable in many of the markets monitored, with the exception of Côte d'Ivoire and Benin, which experienced slight price increases.
- For millet, there was an increase in prices in the markets of the main producing countries. For example, in countries such as Niger, Burkina Faso, Senegal and even Benin, the trend is rising, while there is some stability in the markets of Mali, Togo, Ghana, Of Ivory Coast and Guinea
- For sorghum, some countries such as Benin, Niger and Burkina Faso experienced a slight increase in prices in their markets during this month, while the increasing supply stabilize Prices on the markets of Côte d'Ivoire, Ghana, Togo, Mali, Guinea and Senegal.