GRAIN FARMERS N° 25 : August 2018

Market situation in a nutshell:

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During the month of August 2018, the lean season which has settled everywhere in the countries of West Africa unfolds without much difficulty.

In addition, the climatic conditions made it possible to ensure a good vegetative development of the cereal crops. In the vast majority of countries, crop prospects are very good even if insect attacks (locusts and caterpillars) are reported in some countries like Niger and Benin.

For Rice: In Côte d'Ivoire and Niger, slight price increases have been observed for local rice, which is scarce but prices of imported rice are stable. In other countries, local rice and imported rice have stable prices 

For maize: Mali, Burkina Faso, Ghana and Togo have observed price stability in their markets. There has been a slight upward trend in Senegal where peasant stocks are being depleted and in Côte d'Ivoire where it seems that the small countryside has not been sufficient to meet the demand of national farmers. Only Benin, where the small country seems to have given very well, recorded a sharp drop in prices on its markets. This decline has influenced prices in Niger where the price of corn is stable or slightly down in cities.

For millet: The price trend has been stable in almost all the countries surveyed with the exception of Senegal where a slight increase has been recorded but prices are still lower than in other Sahelian countries. In Niger, prices fell slightly due to sales at social prices and destocking as harvests approach early in September

For Sorghum: In Burkina-Faso, prices are slightly higher because of the drop in stocks and the sustained demand during Tabaski, in Mali, however, prices are slightly down in Sikasso due to accelerating of destocking. In the rest of the sub region prices are relatively stable