This paper begins with a survey of recent commodity price developments that highlights the magnitude of this price surge and identifies the rapid rise in wheat prices as a key element. The analysis in this paper...
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cereals economic analysis
Average international prices of wheat, sorghum, rice, and sugar slightly increased in Q4 of 2022 compared to Q3. Import parity prices decreased during the same period...
A sharp global growth slowdown and concerns about an impending global recession are weighing on commodity prices. Some energy prices remain elevated, however, amid...
Highlights
Due to armed conflict, wheat exports from Russia and Ukraine have reduced drastically.
Analysis shows that a 1% decrease in global wheat trade can...
Rising international prices have exacerbated economic vulnerabilities
The war in Ukraine and rising commodity prices have exacerbated the vulnerabilities of the Tunisian economy in the first months of...
This Algeria Economic Update provides an account of main recent economic developments and policies. It places them in a global and longer-term context and assesses the consequences of these developments...
The Moroccan economy staged a strong recovery in 2021. However, Morocco is once again suffering the impact of a string of adverse shocks. The beginning of the agricultural season has been...
It is easy enough to calculate how much the Government of Malawi spends on subsidizing chemical fertilizer. Last year, for example, this was MWK 120 billion (about...
Background
Dry spells are serious obstacles to rainfed agriculture in Sahelian countries. Various water harvesting techniques are used by farmers to reduce the impact of...