# Wheat prices fall after four months of gains, corn prices also decline — FAO

> The FAO Cereal Price Index fell 4.5% in October 2026 from September, as global wheat prices declined for the first time in five months and corn prices also fell. Weaker import demand, improved crop prospects, new US-crop supplies and expectations of easing Black Sea export restrictions weighed on grain prices; barley and sorghum prices also declined.

- Date: 2026-11-06 · published 2026-11-07T00:06:29.008Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/85014-wheat-prices-fall-after-four-months-of-gains-corn-prices-also-decline-fao
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

The combination of better expected supply and weaker demand points to lower prices for feed grains. Continued transport disruptions and uncertainty around Black Sea shipments may limit the downside.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-04-11 | [Corn struggles for gains after quiet WASDE](https://feedsoft.ai/events/30675-corn-struggles-for-gains-after-quiet-wasde.md) | -0.9% | -0.5% |
| WHEAT | 2017-08-11 | [U.S. grains: Wheat falls; corn, soy firm - Grainews](https://feedsoft.ai/events/69495-u-s-grains-wheat-falls-corn-soy-firm-grainews.md) | +0.3% | -0.2% |
| WHEAT | 2018-12-18 | [News for wheat prices may not be all bad](https://feedsoft.ai/events/7509-news-for-wheat-prices-may-not-be-all-bad.md) | -1.8% | -2.2% |
| WHEAT | 2023-09-29 | [It’s been a bad quarter for corn, soybean and wheat prices](https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices.md) | -4.7% | -2.2% |
| WHEAT | 2022-06-30 | [Corn, wheat fall after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/40957-corn-wheat-fall-after-usda-numbers-brownfield-ag-news.md) | -8.7% | -16.4% |
| CORN | 2017-08-11 | [U.S. grains: Wheat falls; corn, soy firm - Grainews](https://feedsoft.ai/events/69495-u-s-grains-wheat-falls-corn-soy-firm-grainews.md) | -1.6% | -4.0% |
| CORN | 2022-06-30 | [Corn, wheat fall after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/40957-corn-wheat-fall-after-usda-numbers-brownfield-ag-news.md) | +1.0% | -16.7% |
| 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% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/wheat-prices-fall-after-four-months-of-gains-corn-prices-also-decline-fao/

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