
The FAO World Food Price Index averaged 124.3 points in December 2025, down 0.6% from November, on lower dairy, meat and vegetable oil indexes. The cereal index rose 1.7% on Black Sea wheat concerns and strong corn export demand, and the FAO Rice Price Index rose 4.3%.
Higher cereal and rice sub-indexes point to firmer global grain prices heading into 2026, even as oversupply still caps wheat. Lower meat and dairy indexes signal softer demand pressure in those segments.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
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.