# Morning Grains Comments 1/9/26 | Market Reports | feedlotmagazine.com

> The FAO food price index averaged 124.3 points in December 2025, down 0.6% from November and the fourth straight monthly decline. Dairy fell 4.4% on butter declines, and meat fell 1.3% as Australian destocking added cattle supply. Cereals and sugar gained.

- Date: 2026-01-09 · published 2026-01-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/21138-morning-grains-comments-1-9-26-market-reports-feedlotmagazine-com
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower global dairy and meat prices signal softer demand pressure in those livestock-linked markets. Ample export supplies of poultry and beef weigh on feed-linked prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-06-12 | [Grain market review: Rice](https://feedsoft.ai/events/58659-grain-market-review-rice.md) | -0.1% | +0.7% |
| RICE | 2019-10-14 | [Grain Market Review: Rice \| 2019-10-14  \| World Grain](https://feedsoft.ai/events/56649-grain-market-review-rice-2019-10-14-world-grain.md) | -1.2% | -2.2% |
| RICE | 2025-08-29 | [Grain Journal \| Broken Rice Gains Traction in Feed and Food Markets,…](https://feedsoft.ai/events/23399-grain-journal-broken-rice-gains-traction-in-feed-and-food-markets.md) | +0.5% | -2.4% |
| RICE | 2025-07-23 | [Grain market review: Rice \| World Grain](https://feedsoft.ai/events/23832-grain-market-review-rice-world-grain.md) | +0.0% | +1.1% |
| RICE | 2025-11-25 | [Grain market review: Rice \| World Grain](https://feedsoft.ai/events/22028-grain-market-review-rice-world-grain.md) | -2.9% | -5.8% |

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/market_reports/morning-grains-comments-1-9-26/article_ae94bdee-902a-4ffc-8baa-7975cc4c757b.html

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