# Why cereal prices falling and what it means for manufacturers

> FoodNavigator reports global cereal prices have fallen over the past year, driven by ample Russian wheat and Brazilian maize supplies and strong exporter competition. The FAO and Expana cite high production and weaker Chinese demand.

- Date: 2024-08-21 · published 2024-08-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28838-why-cereal-prices-falling-and-what-it-means-for-manufacturers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Sustained cereal price weakness from large Black Sea and Brazilian supplies lowers feed grain costs for buyers, though seasonal new-crop pressure is typical.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2024/08/21/Why-cereal-prices-falling-and-what-it-means-for-manufacturers/

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