GRAIN FARMERS N° 29 : December 2019

Market situation in a nutshell:

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During the month of December 2018, the marketing of new cereals increased in the markets of West African countries monitored and increased the supply of maize, millet and sorghum, and rice. However, particularly due to the end-of-year holiday season, demand has also rose, and as a result, prices have remained generally stable even though declines have been recorded in some localities.

By country, the trend is as follows:

For rice: The overall trend during the month of December 2018 has been towards price stability. This stability has been observed in the markets of five countries (Senegal, Mali, Burkina-Faso, Ghana, and Togo). Nevertheless, slight price decreases were recorded in 2 countries (Benin, Niger) and a slight price increase was noted in Côte d'Ivoire.

For maize: six out of the eight countries monitored had price stability. This stability was noted in the markets of Senegal, Côte d'Ivoire, Ghana, Togo, Benin and Niger. Price decreases however occurred in Mali and Burkina Faso.

For Millet: Seven out of the eight countries monitored recorded price stability in their markets. These stabilities have been observed in Senegal, Mali, Côte d'Ivoire, Ghana, Togo, Benin and Niger. Only Burkina Faso experienced slight price decreases.

For Sorghum: Six out of the eight countries monitored namely Senegal, Mali, Côte d'Ivoire, Ghana, Benin, and Niger experienced price stability in their markets. Only 2 countries, Burkina Faso and Togo, experienced price declines.