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The FAO Food Price Index averaged 128.0 points in June 2025, up 0.5% from May. Higher dairy, meat and vegetable oil prices outweighed lower cereal and sugar prices.
Maize fell for a second month on ample Argentine and Brazilian supply, while wheat rose on weather concerns in the EU, Russia and the US.
Vegetable oil and wheat strength points to firmer feed-adjacent prices, while ample maize supply keeps corn pressured. Global cereal output is forecast at a record, which limits the upside.
fao.orgApr 7, 2025After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
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 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.
