# Overview

> The World Bank reports the Agricultural Price Index was 19% higher than January 2021 as of July 29, 2022, with maize and wheat up 16% and 22% and rice about 14% lower. It says the war in Ukraine will keep commodity prices historically high through 2024, with fertilizers among the most affected.

- Date: 2022-09-16 · published 2022-09-16T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/39509-overview
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Sustained high grain and fertilizer prices raise feed costs for buyers and reinforce upside risk for corn and wheat as Black Sea and fertilizer supply disruptions persist.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-25 | [Commodities Overview Oct 2022 Edition - ADM Investor Services](https://feedsoft.ai/events/8069-commodities-overview-oct-2022-edition-adm-investor-services.md) | -1.4% | -2.7% |
| CORN | 2024-04-24 | [Commodities Overview Apr 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/30751-commodities-overview-apr-2024-edition-adm-investor-services.md) | -0.5% | +3.3% |
| CORN | 2024-05-20 | [Commodities Overview May 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/30216-commodities-overview-may-2024-edition-adm-investor-services.md) | +1.9% | +5.4% |
| CORN | 2023-12-22 | [Commodities Overview Dec 2023 Edition - ADM Investor Services](https://feedsoft.ai/events/11285-commodities-overview-dec-2023-edition-adm-investor-services.md) | +2.4% | -1.8% |
| CORN | 2024-07-26 | [Commodities Overview July 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/29411-commodities-overview-july-2024-edition-adm-investor-services.md) | -3.3% | -5.7% |
| WHEAT | 2022-10-25 | [Commodities Overview Oct 2022 Edition - ADM Investor Services](https://feedsoft.ai/events/8069-commodities-overview-oct-2022-edition-adm-investor-services.md) | -5.1% | +3.4% |
| WHEAT | 2026-07-17 | [Commodities Overview \| July 2026 Edition - ADM Investor Services](https://feedsoft.ai/events/18277-commodities-overview-july-2026-edition-adm-investor-services.md) | +3.8% | +0.1% |
| WHEAT | 2024-11-01 | [Global grain trade review](https://feedsoft.ai/events/27521-global-grain-trade-review.md) | +0.0% | -2.0% |

## Sources

- worldbank.org: https://www.worldbank.org/en/topic/agriculture/brief/food-security-update/overview

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