GRAIN FARMERS N° 53: December 2020

Market situation in a nutshell:

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During the month of December 2020, new harvests of rice, maize, millet, sorghum continued to appear on the cereal markets of the West African countries monitored. This situation had as a corollary an increase in availability.

During the holiday season, we have seen an increase in demand. Faced with supply, prices were broadly stable in the rice and millet markets, but slight declines were noted in the maize and sorghum markets. By sector and by country, the trend is as follows:

For rice: While the trend has been towards price stability in the markets of Senegal, Guinea, Côte d'Ivoire, Togo and Benin, it is rather increases that have been noted in Ghana and in Niger, while price reductions were required in Burkina-Faso.

For maize: While price declines were observed in the markets of Burkina Faso and Niger, the trend was rather upward in Côte d'Ivoire and stability in Senegal, Guinea, Ghana, Togo and in Benin

For millet: While price decreases were noted in Guinea, Burkina Faso, and Niger, the trend was more towards stability in Senegal, Ivory Coast, Ghana, Togo and Benin

For sorghum: The trend has been towards stability in the markets of Senegal, Ivory Coast, Ghana, Togo and Benin while it was declining in Niger and Burkina Faso.