GRAIN FARMERS N° 35 : June 2019

Market situation in a nutshell:

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The commercial dynamics observed on cereal markets since last month have continued. Indeed, the markets during the month of June 2019 were characterized by a good supply following a good availability. Faced with this good offer, the demands were just as good and as a result we have seen the stability of prices on the markets especially for the maize, rice and sorghum sectors. It is only in the millet markets that slight increases have begun to be seen in the markets of the main producing countries, such as Niger and Senegal. By grain sector and by country, the trend is as follows:

For Rice: The trend has been towards price stability across all markets monitored. This trend is a result of the very good offer both at the regional and international level that faces a constant demand.

For maize: The trend has also been towards price stability on almost all markets monitored (Senegal, Guinea, Mali, Côte d'Ivoire, Burkina Faso, Ghana, Togo, Benin, Nigeria). Only Niger has seen a slight rise in prices on its markets due to lower imports while demand is maintained.

For millet: While the trend was rising prices in the markets of Senegal, Niger, it was rather down in Burkina Faso. On the other hand, in the markets of Guinea, Mali, Côte d'Ivoire, Ghana, Togo and Benin, there was price stability

For sorghum: Apart from Burkina-Faso where slight price decreases have

 been noted and Niger where prices are rising, all other markets (Senegal, Mali, Ivory Coast, Ghana, Togo, Benin) have observed price stability in their markets.