# Global grain trade review | World Grain

> The FAO reported that its global grain price index for September rose 3% month-on-month but was 10.2% below a year earlier, with wheat up on weather concerns in Canada and the EU. Corn prices rose on low river levels on the Madeira and Mississippi and strong Brazilian demand. Vegetable oil prices climbed 4.6% to their highest since early 2023.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/14260-global-grain-trade-review-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Low Mississippi water levels raise barge freight and transport costs for feed grains, while higher vegetable oil prices lift the cost of oilseed-based feed ingredients.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-01 | [Global grain trade review](https://feedsoft.ai/events/27521-global-grain-trade-review.md) | +2.5% | -0.2% |
| CORN | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -6.7% | +0.1% |
| CORN | 2022-01-21 | [Grain market review: Coarse grains prices mixed \| World Grain](https://feedsoft.ai/events/43195-grain-market-review-coarse-grains-prices-mixed-world-grain.md) | +1.4% | +6.9% |
| CORN | 2026-05-08 | [Global food prices up for third straight month \| World Grain](https://feedsoft.ai/events/10152-global-food-prices-up-for-third-straight-month-world-grain.md) | +1.3% | -3.8% |
| CORN | 2025-05-14 | [Global Grains Rattled by Trade Deals and Yield Hurdles](https://feedsoft.ai/events/6682-global-grains-rattled-by-trade-deals-and-yield-hurdles.md) | +3.8% | +0.4% |
| WHEAT | 2024-11-01 | [Global grain trade review](https://feedsoft.ai/events/27521-global-grain-trade-review.md) | +0.0% | -2.0% |
| WHEAT | 2018-11-12 | [Grain market review: Wheat \| 2018-11-12  \| World Grain](https://feedsoft.ai/events/62073-grain-market-review-wheat-2018-11-12-world-grain.md) | -0.2% | +0.8% |
| WHEAT | 2026-05-08 | [Global food prices up for third straight month \| World Grain](https://feedsoft.ai/events/10152-global-food-prices-up-for-third-straight-month-world-grain.md) | +3.3% | -0.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/20624-global-grain-trade-review

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