# Global food prices fall for first time in four months as wheat and corn prices retreat; sugar rises 6.6%

> FAO’s October food price index decreased 1.2% month over month to 133.9, as cereal, meat and dairy prices fell while sugar and vegetable-oil prices increased. Wheat eased amid weak demand and improved Argentine production prospects; corn declined on US harvest pressure and expectations for ample South American supply, while rice rose 1.6%. Rain delayed sugarcane harvesting and crushing in Brazil, lifting the sugar index 6.6%; the article also cites concerns about Indian sugar production after uneven, below-normal monsoon rainfall.

- Date: 2026-11-07 · published 2026-11-07T13:37:31.786Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/86090-global-food-prices-fall-for-first-time-in-four-months-as-wheat-and-corn-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Prospects for larger wheat and corn supplies pressure feed-grain prices, while delayed rice harvests support rice. Rain-related disruption in Brazil and production concerns in India tighten sugar availability; stronger biofuel demand and lower seasonal South American supplies support soybean oil.

## Read by commodity

- SBO: bullish ▲
- CORN: bearish ▼
- RICE: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-05-05 | [The measure of world food prices rose in April for first time in a year](https://feedsoft.ai/events/35977-the-measure-of-world-food-prices-rose-in-april-for-first-time-in-a-year.md) | -1.9% | -5.2% |
| 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 | 2022-12-12 | [Wheat prices fall despite a downgrade in the USDA’s global production forecast](https://feedsoft.ai/events/5522-wheat-prices-fall-despite-a-downgrade-in-the-usda-s-global-production-forecast.md) | +10.5% | +5.6% |
| 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 | 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% |
| CORN | 2021-09-02 | [Global food commodity prices rebound in August](https://feedsoft.ai/events/9829-global-food-commodity-prices-rebound-in-august.md) | -3.0% | -5.5% |
| CORN | 2023-05-05 | [The measure of world food prices rose in April for first time in a year](https://feedsoft.ai/events/35977-the-measure-of-world-food-prices-rose-in-april-for-first-time-in-a-year.md) | -0.2% | -7.5% |
| CORN | 2026-09-30 | [US corn and soybeans prices fall sharply after USDA stocks surprise \| S&P Global](https://feedsoft.ai/events/17402-us-corn-and-soybeans-prices-fall-sharply-after-usda-stocks-surprise-s-and-p.md) | -0.5% | -6.2% |

## Sources

- fnnews.com: https://www.fnnews.com/news/202611071546286972

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