Market situation in a nutshell:
To download the issue 33 of Grains Farmers, the bulletin of information about cereal market in West Africa, Click here
During the month of April 2019, the markets
continued as last month to be well supplied with cereals. Overall, trade
remained dynamic but stocks began to decline. In the face of good and
consistent demand, a slight rise in average prices is observed in the maize and
millet markets. With the onset of the Muslim fast, when demands could increase
further, prices could rise and spread to other sectors, particularly sorghum.
However, world cereal prices are low and local stocks are sufficient for price
increases to remain moderate.
By grain sector, the trend is as follows:
Rice: 7 of the 9
countries monitored recorded price stability in their markets. These are
Guinea, Mali, Côte d'Ivoire, Burkina-Faso, Ghana, Togo and Benin. Only Niger
and Senegal recorded slight price increases in their markets.
Maize: During the
month of April 2019, 3 countries namely Senegal, Benin and Niger observed price
increases in their markets while the trend was towards price stability in the
markets of Guinea, Mali, Côte d'Ivoire, Burkina-Faso, Ghana, Togo.
Millet: While Guinea,
Mali, Côte d'Ivoire, Burkina-Faso, Ghana, Togo and Burkina-Faso registered
price stability in their markets, the trend was rather upward on the markets
Senegal and Niger.
Sorghum: The trend
during the month was towards stability in almost all markets in West African
countries, with the exception of Niger, where price increases were visible.