The FAO's global food price index fell 1.2% in October to 133.9 points from 135.6 in September, while remaining 5.9% above October 2025. The cereal index fell 4.5%, with weaker international demand and improved production prospects pressuring wheat, corn, barley and sorghum, while rice prices rose 1.6%; vegetable oil prices increased 0.3%.
Better crop prospects and weaker demand weighed on grains, while weather-related harvest delays and higher costs supported rice. The report points to a mixed feed-ingredient outlook, with grains under pressure and soybean oil slightly firmer.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.