GRAIN FARMERS N° 32 : March 2019

Market situation in a nutshell:

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During the month of March 2019, trade in the grain markets monitored remained dynamic. The month was marked by the continued supply of markets and faced with just as good demand, prices remained broadly stable. However, this price stability could increase over the next few weeks due to stockpiling by actors mainly in the millet markets.

The situation of the sectoral markets is as follows:

Rice: Overall prices remained stable in the majority of the markets monitored (Mali, Ivory Coast, Burkina-Faso, Ghana, Togo and Benin) while they experienced slight increases in Senegal and Niger.

Maize: Markets in 3 countries (Senegal, Mali, Benin) recorded slight price increases while the trend was towards stability in the markets of the other countries monitored namely Côte d'Ivoire, Burkina-Faso, Ghana, Togo and Niger.

Millet: While price stability was established in Mali, Côte d'Ivoire, Ghana, Togo, Benin and Niger, the trend was rather downward in Burkina-Faso and, conversely, it was price increases that were observed in Senegal.

Sorghum: At the level of all the markets monitored, the supply has improved, the markets have been well supplied and consequently, in view of the demand which is still constant, the trend during this month of March 2019 has been to stability in all markets in Senegal, Mali, Burkina-Faso, Côte d'Ivoire, Togo, Benin, Ghana and Niger.