Market
situation in a nutshell:
To download the issue 13 of Grains Farmers, the bulletin of information about cereal market in West Africa,click here
During the month of August, overall as noted in
the previous month, markets remained well stocked. Also, the climatic
conditions have ensured an acceptable vegetative development of the cereal
crops. The price levels applied varied according to the country and can be
summarized as follows:
For rice: 7 of the 8
countries have experienced stability in their markets. Stabilities were
observed in the markets of Benin, Togo, Ghana, Côte d'Ivoire, Burkina Faso,
Mali and Senegal. Only Niger saw a slight increase in rice prices in its
markets.
For maize, 6 countries
recorded price stability, 1 country recorded a slight decline in prices and 1
country registered a slight increase in price. Price stability was observed in
the markets of Benin, Togo, Ghana, Niger, Mali and Senegal. The slight decline
in prices was observed in Côte d'Ivoire, where the late crops entered the
markets and the slight increase was observed in Burkina Faso, where prices have
been so far very low.
For millet: 4 countries
(Senegal, Mali, Burkina-Faso, Niger) out of the 8 countries monitored recorded
slight increases in their markets. Other countries, namely Benin, Togo, Ghana
and Côte d'Ivoire, recorded relative price stability in their markets.
For sorghum: price increases that
started last month in Burkina Faso and Niger continued. Thus, only these two
countries registered price increases in their markets. On the other hand, the
trend was towards price stability in almost all the other 6 markets in Benin,
Togo, Ghana, Côte d'Ivoire, Senegal and Mali.