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FAO’s world cereal price index fell 4.5% in October to 116.8, although it remained 12.6% above its year-earlier level. Corn prices declined on larger US harvest supplies and ample South American export prospects; wheat also fell as demand remained weak and Argentina’s production outlook improved.
Barley and sorghum prices eased, while the rice price index rose 1.6%.
Improved supply prospects in major exporting countries and expectations of fewer Black Sea export constraints add pressure to feed-grain prices, potentially easing costs for import-dependent feed buyers. Rice moved in the opposite direction as harvest delays and unfavorable weather tightened availability.
pigpeople.netNov 7, 2026After 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 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.
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.
