GRAIN FARMERS N° 37 : August 2019

Market situation in a nutshell:

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During August 2019, good harvest prospects were confirmed in many of the countries monitored. The first harvests of the first crop cycle begun to appear on the agricultural markets.

Overall, the markets have been well supplied thanks to the destocking made by the actors and the cross-border flows. There is a relative price stability in the cereals sectors monitored:

By country, the trend is as follows:

For Rice: The trend during the month of August 2019 has been price stability in the markets of Senegal, Guinea, Mali, Ivory Coast, Ghana, Togo and Benin. A slight rise in prices was observed in the Kano markets in Nigeria.

For maize: With the exception of Burkina-Faso, where slight price decreases were observed, and Nigeria where increases were noticeable on the Kano markets, the trend was rather towards price stability overall. Other markets monitored in Senegal, Guinea, Mali, Ivory Coast, Ghana, Togo and Benin.

For Millet: While Senegal, Mali, Côte d'Ivoire, Togo and Benin recorded relative price stability in their markets, the trend was for slight declines in Burkina-Faso and Ghana.
For sorghum: All markets monitored showed price stability in their markets.