Another surge in the value of FAO Food Price Index in January -

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Feb 3, 2017FAO Food Price Index edges higher in February-1.2%
• Feb 4, 2023FAO Food Price Index continues to decline in January 2023 | PotatoPro+2.0%
• Feb 12, 2021FAO Food Price Index rises in November-1.6%
• Apr 3, 2022FAO Food Price Index rises to record high in February+5.4%
• Jun 10, 2023FAO Food Price Index unchanged in September+6.8%

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.

• Feb 3, 2017FAO Food Price Index edges higher in February+3.8%
• Feb 12, 2021FAO Food Price Index rises in November+9.9%
• Apr 3, 2022FAO Food Price Index rises to record high in February-7.3%
• Mar 12, 2020FAO Food Price Index rises sharply-4.3%
• Apr 7, 2025FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices+0.1%

Not enough comparable past events yet for a historical read.

Not enough comparable past events yet for a historical read.