GRAIN FARMERS N° 40 : November 2019

Market situation in a nutshell:

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During the month of November 2019, we must retain overall the continuation of the marketing of new cereal crops (maize, rice, millet, sorghum) which had as corollary stability see the slight fall in prices on the markets West African countries.

Over the next few weeks, we should see an intensification of the marketing of new crops, which should lead to an increase in the price reductions observed.

By cereal sector, the trend is as follows:

For rice: 6 countries, namely Senegal, Ivory Coast, Burkina-Faso, Ghana, Togo and Benin recorded price stability on their markets while the price trend was down the markets of Guinea and Burkina-Faso

For maize: The trend has been towards price stability in the markets of Senegal, Mali, Côte d'Ivoire, Ghana, Togo, Benin, Niger, Guinea and Nigeria. On the other hand, it is price reductions, which have been observed on the Burkina-Faso market.

For millet: With the exception of Burkina Faso and Niger, which observed price decreases in their markets, Senegal, Guinea, Mali, Côte d'Ivoire, Ghana and Togo recorded price stability.

For sorghum: the majority of the markets monitored, namely Senegal, Mali, Côte d'Ivoire, Ghana, Togo and Benin, have shown price stability. Declines were noted only in the Burkina-Faso and Niger markets