Burkina Faso – most of the country experiencing normal rainy season and cereal prices are lower than last year

In general, there is a near-normal household demand for cereals on local markets, held in check by remaining cereal stocks from previous harvests. Monthly exports to Niger approximately 4,500 metric tons of maize and sorghum and coastal countries approximately 300 MT of millet and 1,500 MT of cowpeas are also about average. However, there is a higher market demand for millet and sorghum by poor households in the Sahel Region and adjacent areas, where existing stocks of crops were depleted earlier than usual.In general, cereal prices are stable compared to last month and six to 10 percent lower than last year, a year when prices were exceptionally high. Maize prices are 10 percent below the five-year average, while millet and sorghum prices are similar to their respective averages. However, price levels in northern agropastoral areas in and around the Sahel Region where poor households are more dependent on market purchase are above the five-year average by seven to 19 percent in the case of millet and by eight to 22 percent in the case of sorghum the two staple cereals for local populations.

The far north is the exception, but then, isn’t it always?  via Burkina Faso – Food Security Outlook Update: Fri, 2014-05-30 | Famine Early Warning Systems Network.

About mkevane

Economist at Santa Clara University and Director of Friends of African Village Libraries.
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