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The FAO Food Price Index averaged 127 points in December 2024, down 0.6 points from November, with sugar, dairy, vegetable oils and cereals falling and meat rising. The cereal index was flat month-on-month but 9.3% lower year-on-year, and the rice index fell 1.2%.
The modest declines in cereals and vegetable oils point to soft global feed-grain and oilseed price pressure entering 2025, though the monthly moves are small.
foodmanufacture.co.ukBethan GryllsJan 3, 2025After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
