The rapidly evolving agricultural and food security situation in Myanmar requires a high frequency, systematic, and comprehensive approach to monitoring. The Myanmar Monthly Food Price Report synthesizes food price trends using publicly available datasets, focusing on key agricultural crops and highlighting regional differences in rice prices. By analyzing these trends, the report aims to provide insights into the broader agricultural market and the factors driving food price fluctuations in Myanmar.
Key Highlights - Download the Report
- Rice prices declined nationally, falling by almost 20 percent year-on-year, with sharp drops in Kayah and Kayin, but significant increases in Shan (East). Rice prices are lowest in secure, major rice-producing areas and highest in most conflict- and earthquake-affected regions.
- Export crop prices diverged, with green gram and maize increasing due to strong international demand, while black gram and pigeon pea declined year-on-year due to reduced demand in India.
- Animal-sourced food prices surged, led by beef (up 47 percent) and pork (up 64 percent), due to rising production and fuel costs, while fish prices rose amid strong export demand and a seasonal fishing ban.
- Multiple risks lie ahead, including the aftermath of the March earthquake, falling international rice prices, ongoing conflict, and uncertain monsoon season production, all of which may undermine farm income and food security.