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The FAO Food Price Index averaged 133.9 points in October, down from September but 5.9% above its year-earlier level. The cereal index fell 4.5%, with wheat prices pressured by subdued demand and an improved production outlook, particularly in Argentina; sugar rose 6.6% amid harvest and crushing disruptions in Brazil.
Weaker wheat quotations and a more favorable production outlook add supply-side pressure to wheat prices. Harvest disruptions in Brazil could constrain sugar supply, though sugar is not among the available commodity symbols.
ebnewsdaily.co.zaEBNewsDaily ReporterNov 6, 2026After 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.
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.
