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FAO’s October 2026 food price index fell 1.2% from September to 133.9, its first monthly decline in four months. The cereal index dropped 4.5% as wheat prices eased on weaker demand and improved Argentine production prospects, while corn fell amid US harvest shipments and expectations of larger South American supplies; rice rose 1.6%, and sugar climbed 6.6% as rain delayed Brazilian cane harvesting and crushing.
Improved wheat and corn availability and seasonal US selling pressure increase feed-grain supply and weigh on prices. Delayed rice harvests and Brazilian sugarcane operations tighten those respective markets, while higher soybean-oil prices reflect biofuel demand and seasonal South American supply declines.
edaily.co.krNov 7, 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.
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.
After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.
