
The FAO Food Price Index averaged 133.3 points in August, up about 2% from July, with all commodity groups rising. The Cereal Price Index reached its highest level since May 2024, driven by wheat and maize gains tied to Black Sea export disruptions, weather concerns in the U.S., EU and other regions, and a weaker dollar.
Maize rose 2.5% on yield worries and Ukrainian export disruptions.
A rising cereal index signals firmer global grain prices and underscores the supply risks from Black Sea logistics and crop weather.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
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.
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.