Highlights:
Improved maize supplies drove national maize and maize meal prices further down in July in all the monitored countries except South Africa (SA) where prices increased by roughly 6 percent. Moreover, national prices were considerably below their respective 5 year aver-age (5YA) except Tanzania, Lesotho and Swaziland.
The Zambian government set the floor price of a 50 Kg bag of white maize at 60 Kwacha (about $7) compared to 85 Kwacha per 50 Kg last year. This development has contributed to the significant drop in the national maize price (35 percent) observed in July.
As of July, most WFP monitored markets experienced normal and below normal price level in July for both maize and maize meal re-flecting increased availability. In Tanzania, some markets remained under pressure.