GRAIN FARMERS N° 45 : April 2020

 Market situation in a nutshell:

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During the month of April 2020, measures taken by governments (closing of borders, sanitary conditions, closing of markets, social distancing, quarantine and others) to contain the covid-19 pandemic continued. However, the markets were better supplied and consequently stability was required in many markets, even though the rises continued in places.

During the month, there was also an increase in demand, especially for millet and sorghum linked to the start of the Muslim fast, where these two speculations are widely used.

By sector and by speculation, the trend is as follows:

For rice: Apart from Mali where slight price increases have been observed, the trend has been for price stability on the markets of the other countries monitored (Senegal, Guinea, Ivory Coast, Burkina, Ghana, Togo , Benin, Niger)

For maize: Price stability was noted on the markets of Senegal, Guinea, Mali, Ivory Coast and Ghana, while the trend was upward on the markets of Burkina, Togo, from Benin and Niger

For millet: The trend has been increasing on the markets of the main producing countries (Senegal, Mali, Burkina and Niger). On the other hand, these stabilities have been observed in Guinea, Côte d'Ivoire, Ghana, Togo, and Benin.

For sorghum: With the exception of Burkina Faso and Niger, where price increases were noticeable, the trend was to stabilize in all the other markets monitored.