# The measure of world food prices rose in April for first time in a year

> The FAO Food Price Index averaged 127.2 points in April 2023, up 0.6 percent from March and the first monthly rise in a year. Sugar, meat and rice rose, while wheat, maize, dairy and vegetable oil prices declined.

- Date: 2023-05-05 · published 2023-05-05T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/35977-the-measure-of-world-food-prices-rose-in-april-for-first-time-in-a-year
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower wheat, maize and vegetable oil prices point to softer feed and oilseed-linked costs, while higher meat prices reflect tighter protein supply.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-13 | [USDA damped the hopes for serious increase of prices - for now](https://feedsoft.ai/events/6477-usda-damped-the-hopes-for-serious-increase-of-prices-for-now.md) | +0.3% | -1.2% |
| CORN | 2021-09-07 | [World food prices jump in Aug, cereal harvest outlook cut -FAO - Cafe Aberto](https://feedsoft.ai/events/45161-world-food-prices-jump-in-aug-cereal-harvest-outlook-cut-fao-cafe-aberto.md) | -4.1% | -2.6% |
| CORN | 2021-09-02 | [Global food commodity prices rebound in August](https://feedsoft.ai/events/9829-global-food-commodity-prices-rebound-in-august.md) | -3.0% | -5.5% |
| CORN | 2025-02-28 | [Prices face pressure as larger U.S. crops expected this year \| The Western Producer](https://feedsoft.ai/events/26080-prices-face-pressure-as-larger-u-s-crops-expected-this-year-the-western-producer.md) | -2.4% | +0.5% |
| CORN | 2023-08-09 | [FAO Food Price Index declines in August](https://feedsoft.ai/events/34646-fao-food-price-index-declines-in-august.md) | -3.0% | -2.6% |
| WHEAT | 2017-07-13 | [USDA damped the hopes for serious increase of prices - for now](https://feedsoft.ai/events/6477-usda-damped-the-hopes-for-serious-increase-of-prices-for-now.md) | -1.8% | -1.6% |
| WHEAT | 2019-10-08 | [The increase in wheat prices reduces demand](https://feedsoft.ai/events/5902-the-increase-in-wheat-prices-reduces-demand.md) | +4.5% | +2.1% |
| WHEAT | 2022-08-05 | [Major fall in global food prices for July, but future supply worries remain \| UN News](https://feedsoft.ai/events/40157-major-fall-in-global-food-prices-for-july-but-future-supply-worries-remain-un.md) | +7.3% | -4.2% |

## Sources

- fao.org: https://www.fao.org/newsroom/detail/the-measure-of-world-food-prices-rose-in-april-for-first-time-in-a-year/en

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