# FAO Food Price Index falls to 17-month low

> The FAO Food Price Index fell for a fourth straight month and reached its lowest reading since December 2018. Dairy prices declined sharply while coarse grain prices fell further, with US maize prices down nearly 16%, and wheat export prices eased on expectations of ample supplies.

- Date: 2020-04-06 · published 2020-04-06T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/53588-fao-food-price-index-falls-to-17-month-low
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ample global grain supplies and weaker demand from economic contraction are pressuring corn and wheat prices lower. Lower feed-grain costs support margins for feed buyers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2025-04-04 | [FAO Food Price Index remains stable in March](https://feedsoft.ai/events/25161-fao-food-price-index-remains-stable-in-march.md) | +3.4% | +2.3% |
| CORN | 2018-08-03 | [FAO Food Price Index July Falls Sharply – BE PROFY IN POTATOES NEWS](https://feedsoft.ai/events/8646-fao-food-price-index-july-falls-sharply-be-profy-in-potatoes-news.md) | +8.6% | -3.7% |
| CORN | 2026-07-06 | [FAO Cereal Price Index falls by 3.5% \| World Grain](https://feedsoft.ai/events/18411-fao-cereal-price-index-falls-by-3-5-world-grain.md) | -0.6% | +0.8% |
| CORN | 2020-03-05 | [FAO Food Price Index declined in February \| PotatoPro](https://feedsoft.ai/events/7992-fao-food-price-index-declined-in-february-potatopro.md) | +0.2% | -2.5% |
| WHEAT | 2023-08-09 | [FAO Food Price Index declines in August](https://feedsoft.ai/events/34646-fao-food-price-index-declines-in-august.md) | -1.7% | -7.8% |
| WHEAT | 2025-04-04 | [FAO Food Price Index remains stable in March](https://feedsoft.ai/events/25161-fao-food-price-index-remains-stable-in-march.md) | -0.7% | +2.5% |
| WHEAT | 2018-08-03 | [FAO Food Price Index July Falls Sharply – BE PROFY IN POTATOES NEWS](https://feedsoft.ai/events/8646-fao-food-price-index-july-falls-sharply-be-profy-in-potatoes-news.md) | +3.3% | +1.1% |

## Sources

- fao.org: https://www.fao.org/newsroom/detail/FAO-Food-Price-Index-falls-to-17-month-low/en

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