Maize export prices increased significantly in November supported by higher soybean quotations and lower than expected yields of the 2014 crop in the United States. Wheat export prices strengthened in general, although the benchmark US price fell. International rice quotations declined further. Overall, cereal export prices remained below their year-earlier levels, mainly reflecting ample global supplies.
In Central America, red bean prices started to decline in November from their record levels of the previous months with the beginning of the main harvest, but were still more than twice their levels a year earlier.
In countries affected by Ebola, prices of local rice declined in November with the ongoing harvests, while those of imported rice stabilized, although still at high levels in some markets.
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