# FAO Food Price Index edges up amid weather, energy and geopolitical concerns

> The FAO Food Price Index averaged 131.1 points in July 2026, up 0.6 percent from June and 1.0 percent above July 2025. The FAO Cereal Price Index rose 3.4 percent on the month, with wheat up 5.8 percent on Black Sea disruption and heatwave concerns, and maize up 3.6 percent. The Vegetable Oil Index climbed 2.0 percent to its highest level since June 2022.

- Date: 2026-07-08 · published 2026-07-08T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/7339-fao-food-price-index-edges-up-amid-weather-energy-and-geopolitical-concerns
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher wheat, maize and vegetable oil quotations raise the cost of feed grains and oilseed-based protein and fats for buyers. Firmer energy prices add further cost pressure through biodiesel demand and input costs.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2026-07-13 | 5 | +7.7% | 2.9 | The FAO report showed the Vegetable Oil Index at its highest level since June 2022, which confirms firm vegetable oil sentiment, though it is a lagging indicator and partly reflects price moves already underway. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 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 | 2025-04-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/25227-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +0.1% | +4.5% |
| WHEAT | 2020-03-12 | [FAO Food Price Index rises sharply](https://feedsoft.ai/events/54057-fao-food-price-index-rises-sharply.md) | -4.3% | -5.8% |
| CORN | 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) | -1.2% | +0.6% |
| 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 | 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% |

## Sources

- fao.org: https://www.fao.org/newsroom/detail/fao-food-price-index-edges-up-amid-weather--energy-and-geopolitical-concerns/en

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