# Dairy, Cereals Push Food Prices Up in February
						 | The Beef Site

> The FAO Food Price Index rose 1.1 percent to 170.8 points in February, led by cereals up 2.5 percent on US winter wheat and Argentine maize weather concerns. Dairy rose 6.2 percent while vegetable oils fell 3.1 percent to a 19-month low on palm oil stock buildup.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10924-dairy-cereals-push-food-prices-up-in-february-the-beef-site
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher global cereal prices support feed grain costs, while weaker vegetable oil prices, especially palm oil, reduce the cost of oilseed-based feed fats and proteins.

## Read by commodity

- SBO: bearish ▼
- CORN: bullish ▲
- MILK: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | +2.1% | +3.0% |
| MILK | 2026-02-18 | [USDA February 2026 Dairy Outlook: Prices, Production & Trade](https://feedsoft.ai/events/20614-usda-february-2026-dairy-outlook-prices-production-and-trade.md) | -0.3% | +7.4% |
| MILK | 2026-03-05 | [February milk prices to get boost from dairy byproducts \| Ag Proud](https://feedsoft.ai/events/4599-february-milk-prices-to-get-boost-from-dairy-byproducts-ag-proud.md) | -2.5% | +5.6% |
| MILK | 2022-08-23 | [EU dairy prices at record levels; farmers' margins remain tight
						 \| The Cattle Site](https://feedsoft.ai/events/40042-eu-dairy-prices-at-record-levels-farmers-margins-remain-tight-the-cattle-site.md) | +0.2% | -1.0% |
| MILK | 2024-02-02 | [February 2, 2024: Milk Production Flat, Prices Rally \| Center for Dairy Excellence](https://feedsoft.ai/events/6010-february-2-2024-milk-production-flat-prices-rally-center-for-dairy-excellence.md) | -1.2% | +2.8% |
| WHEAT | 2017-02-03 | [FAO Food Price Index edges higher in February](https://feedsoft.ai/events/8602-fao-food-price-index-edges-higher-in-february.md) | +3.8% | +2.2% |
| WHEAT | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | -7.3% | -4.2% |
| WHEAT | 2025-04-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/25227-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +0.1% | +4.5% |

## Sources

- reliefweb.int: https://reliefweb.int/report/world/dairy-and-cereals-push-food-prices-february
- thebeefsite.com: https://www.thebeefsite.com/news/52697/dairy-cereals-push-food-prices-up-in-february

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.