# World food price index jumps in November to almost six-year high - FAO

> The FAO food price index rose in November to almost a six-year high, with wheat export prices lifted by reduced harvest prospects in Argentina and maize prices supported by lower crop forecasts in the United States and Ukraine. Rice prices also moved higher.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5276-world-food-price-index-jumps-in-november-to-almost-six-year-high-fao
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Broad rises in wheat and maize export prices driven by crop downgrades raise feed grain costs for importers and signal firmer global prices.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-12 | [FAO Food Price Index rises in November](https://feedsoft.ai/events/9251-fao-food-price-index-rises-in-november.md) | +9.9% | +9.2% |
| WHEAT | 2021-12-02 | [World food prices climb in November, stay at 10-year peak -FAO \| Reuters](https://feedsoft.ai/events/43649-world-food-prices-climb-in-november-stay-at-10-year-peak-fao-reuters.md) | +0.3% | -2.1% |
| WHEAT | 2026-09-04 | [FAO Food Price Index rises again \| World Grain](https://feedsoft.ai/events/17533-fao-food-price-index-rises-again-world-grain.md) | +1.4% | +0.4% |
| WHEAT | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | -7.3% | -4.2% |
| WHEAT | 2017-02-03 | [FAO Food Price Index edges higher in February](https://feedsoft.ai/events/8602-fao-food-price-index-edges-higher-in-february.md) | +3.8% | +2.2% |
| CORN | 2021-02-12 | [FAO Food Price Index rises in November](https://feedsoft.ai/events/9251-fao-food-price-index-rises-in-november.md) | -1.6% | +3.1% |
| CORN | 2026-09-04 | [FAO Food Price Index rises again \| World Grain](https://feedsoft.ai/events/17533-fao-food-price-index-rises-again-world-grain.md) | +0.5% | +1.9% |
| CORN | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | +5.4% | -0.7% |

## Sources

- reuters.com: https://www.reuters.com/article/global-economy-food-int/world-food-price-index-jumps-in-nov-to-almost-6-year-high-fao-idUSKBN28D136/

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