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Authorities in Rummamer County, South Sudan's Abyei area, ordered sorghum sold by farmers at 40 SSP per gallon and by traders at 45 SSP, down from 90-120 SSP before the decision. The order does not cover Abyei town but local traders expect it to influence prices there.
This is a local administrative price cap in a small area and has negligible effect on global sorghum or grain prices. It only indicates regional food price stress.
radiotamazuj.orgDigital Qquality EditorNov 17, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
