# Global food prices fall, sugar rally accelerates: FAO releases October data

> FAO reported that its Food Price Index declined 1.2% in October to 133.9, while remaining 5.9% higher than a year earlier. Sugar prices rose 6.6% for a fourth consecutive monthly gain, supported by rain disruptions to Brazil’s Center-South cane harvest and processing, weak Indian monsoon conditions, and lower production forecasts in the EU and Thailand. Wheat prices fell as import demand weakened and Argentine production prospects improved.

- Date: 2026-11-06 · published 2026-11-06T13:38:17.732Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/84058-global-food-prices-fall-sugar-rally-accelerates-fao-releases-october-data
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weaker demand and improved production prospects are bearish for wheat, while weather-related cane disruptions and lower output expectations support sugar prices. The index decline signals some easing in global food-price pressure, though it does not imply lower prices across all commodities.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-09-06 | [Fertilizer Prices Declining But Remain High Globally: FAO Food Price Index and AMIS Market Monitor Released \| Food Security Portal](https://feedsoft.ai/events/28653-fertilizer-prices-declining-but-remain-high-globally-fao-food-price-index-and.md) | +1.0% | +11.2% |
| WHEAT | 2022-08-05 | [Major fall in global food prices for July, but future supply worries remain \| UN News](https://feedsoft.ai/events/40157-major-fall-in-global-food-prices-for-july-but-future-supply-worries-remain-un.md) | +7.3% | -4.2% |
| WHEAT | 2023-03-02 | [Global food prices decline further in January](https://feedsoft.ai/events/12653-global-food-prices-decline-further-in-january.md) | -2.0% | +5.1% |
| WHEAT | 2018-08-30 | [Wheat Prices Rising On Global Supply Issues](https://feedsoft.ai/events/63586-wheat-prices-rising-on-global-supply-issues.md) | +4.7% | -1.6% |
| WHEAT | 2017-04-05 | [FAO Food Price Index dips again in April, led by sugar and vegetable oils](https://feedsoft.ai/events/6872-fao-food-price-index-dips-again-in-april-led-by-sugar-and-vegetable-oils.md) | +0.4% | +4.2% |

## Sources

- dunya.com: https://www.dunya.com/ekonomi/kuresel-gida-fiyatlari-geriledi-sekerde-yukselis-hizlandi-fao-ekim-verilerini-acikladi-haberi-846692

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