General

Ghana Food Prices Stable in August, AGRA Report Shows

Rice and sorghum prices held steady, while white maize saw an 8.9% rise, and fuel costs continue to climb.

Ghanaian farmers standing in a rice field under a clear sky
Ghana Food Prices Stable in August, AGRA Report Shows

The latest AGRA Food Security Monitor report indicates that food prices in Ghana remained largely stable in August compared to July. Overall price conditions were unchanged, with variations seen across key staples such as rice, maize, and sorghum.

Rice prices stayed flat at an average of GHS 11,100 per metric tonne, showing no month‑on‑month change. Prices were slightly higher than three months earlier (+0.9%) but remained 10.1% below six‑month levels and 16.4% lower than a year earlier, reflecting adequate domestic and imported supplies.

Sorghum also held steady at GHS 5,833 per metric tonne. Prices were marginally lower than three months ago (-1.2%) and significantly below six‑month levels (-10.3%), indicating improved market supplies, though they were 2.9% higher than a year earlier.

White maize, however, increased by 8.9% month‑on‑month to GHS 3,141 per metric tonne. Despite the rise, prices remained 8.9% lower than six months ago and 36.3% below year‑earlier levels, suggesting that overall supply conditions remain more favourable than a year ago.

Fuel prices also edged up, with petrol rising 3% and diesel 1% from July. Both fuels are now 29% and 19% above March levels, respectively, indicating sustained upward pressure in the domestic fuel market.

The report, produced by AGRA with support from the UK Government’s Foreign, Commonwealth & Development Office, tracks food security across 17 African countries. It notes that while West and Central Africa’s first‑season maize production remains near average, agricultural conditions remain fragile due to variable rainfall, conflict, and market disruptions.

Global commodity markets in August were characterised by tightening supply, strong demand, and weather‑related production concerns, with grain markets tightening further as 2026/27 production forecasts were reduced.

AGRA cautions that a powerful El Niño event is developing, potentially increasing climate‑related risks across Africa. The report underscores the need for early preparedness, climate adaptation, and resilience‑building measures.

Moving forward, the report will continue to monitor price trends and supply conditions to inform policy and support food security initiatives across the region.

Written by

Daniel

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