GRAIN FARMERS N° 31 : February 2019

Market situation in a nutshell:

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During the month of February 2019, there was an early start of rains in some West African countries like Benin. As a result, the marketing of new grains continued and stabilized or even lowered prices in many markets.

However, storage ahead of institutional purchases and the lean season by grain operators along value added chains could help raise prices in the coming weeks:

By country, the situation is as follows:

For Rice: The trend has been towards price stability in 7 countries namely Guinea, Mali, Côte d'Ivoire, Burkina-Faso, Togo, Niger and Benin. Slight price increases were noted in Ghana and Senegal;

For Maize: Price stability has been noted in Senegal, Guinea, Mali, Côte d'Ivoire, Burkina-Faso, Togo and Niger. Only Ghana and Benin recorded slight price increases;

For the millet: Despite the start of storage operated by grain operators, the trend during the month was towards price stability on all markets moitored namely Senegal, Guinea, Mali, Ivory Coast , Burkina-Faso, Ghana, Togo, Benin, Niger

For Sorghum: Price stability has been recorded in Senegal, Mali, Côte d'Ivoire, Burkina-Faso, Ghana, Benin and Niger. Only Togo has noted a slight drop in prices on its markets.