# World food prices rise for seventh month in a row in December - World | ReliefWeb

> The FAO reported world food prices rose for a seventh straight month in December, with the Food Price Index at 107.5 points, 2.2% above November. Vegetable oils gained 4.7% to their highest since 2012, and the cereal index rose 1.1% on crop concerns in North and South America and Russia.

- Date: 2021-01-07 · published 2021-01-07T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/49246-world-food-prices-rise-for-seventh-month-in-a-row-in-december-world-reliefweb
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Rising global food and vegetable oil benchmarks signal firmer underlying demand and costs for feed ingredients, supporting prices for oilseed products and grains.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-05-08 | [World food prices rise to more than three year high in April, FAO says - Grainews](https://feedsoft.ai/events/19272-world-food-prices-rise-to-more-than-three-year-high-in-april-fao-says-grainews.md) | -2.6% | -2.7% |
| SBO | 2022-03-02 | [Global food prices rise in January](https://feedsoft.ai/events/42354-global-food-prices-rise-in-january.md) | +1.5% | -5.7% |
| SBO | 2022-12-15 | [679. November 2022 World Food Price Index　 \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/38272-679-november-2022-world-food-price-index-japan-international-research-center.md) | -0.0% | -2.6% |
| SBO | 2021-04-11 | [World food prices reach new peak since July 2011](https://feedsoft.ai/events/47694-world-food-prices-reach-new-peak-since-july-2011.md) | +1.8% | +16.8% |
| SBO | 2026-02-09 | [1434. January 2026 World Food Price Trends \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/20623-1434-january-2026-world-food-price-trends-japan-international-research-center.md) | +1.8% | +13.3% |
| PALMOIL | 2026-05-08 | [World food prices rise to more than three year high in April, FAO says - Grainews](https://feedsoft.ai/events/19272-world-food-prices-rise-to-more-than-three-year-high-in-april-fao-says-grainews.md) | -2.4% | -2.4% |
| PALMOIL | 2022-03-02 | [Global food prices rise in January](https://feedsoft.ai/events/42354-global-food-prices-rise-in-january.md) | -2.6% | -3.6% |
| PALMOIL | 2022-12-15 | [679. November 2022 World Food Price Index　 \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/38272-679-november-2022-world-food-price-index-japan-international-research-center.md) | -0.6% | +0.5% |

## Sources

- reliefweb.int: https://reliefweb.int/report/world/world-food-prices-rise-seventh-month-row-december

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