# International grain prices reverse course after four months; feed grains weaken across the board

> 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%.

- Date: 2026-11-07 · published 2026-11-07T19:37:39.787Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/86471-international-grain-prices-reverse-course-after-four-months-feed-grains-weaken
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

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.

## Read by commodity

- CORN: bearish ▼
- RICE: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-29 | [Analysis: Grain prices unlikely to rise in next few months - Farmers Weekly](https://feedsoft.ai/events/5700-analysis-grain-prices-unlikely-to-rise-in-next-few-months-farmers-weekly.md) | -3.0% | +1.1% |
| CORN | 2016-12-13 | [International Maize, Wheat, Rice Prices Remain Down, According to Latest FPMA Report \| Food Security Portal](https://feedsoft.ai/events/73523-international-maize-wheat-rice-prices-remain-down-according-to-latest-fpma.md) | -1.7% | +0.0% |
| CORN | 2026-04-14 | [US corn stocks hit record high as global coarse grains production rises \| Feed & Grain](https://feedsoft.ai/events/19795-us-corn-stocks-hit-record-high-as-global-coarse-grains-production-rises-feed.md) | +2.3% | +5.3% |
| CORN | 2025-06-30 | [U.S. grains: Soy futures end mixed; corn and wheat sag after USDA reports \| The Western Producer](https://feedsoft.ai/events/24225-u-s-grains-soy-futures-end-mixed-corn-and-wheat-sag-after-usda-reports-the.md) | -0.2% | -1.7% |
| CORN | 2026-10-15 | [USDA Raises Feed Grain Supply; Board Holds Without New Quotes \| The Ration](https://feedsoft.ai/events/569-usda-raises-feed-grain-supply-board-holds-without-new-quotes-the-ration.md) | -1.3% | — |
| WHEAT | 2019-08-29 | [Analysis: Grain prices unlikely to rise in next few months - Farmers Weekly](https://feedsoft.ai/events/5700-analysis-grain-prices-unlikely-to-rise-in-next-few-months-farmers-weekly.md) | -3.2% | +0.5% |
| WHEAT | 2017-03-09 | [Grain production to ease back after record winter crop: ABARES - Grain Central](https://feedsoft.ai/events/71941-grain-production-to-ease-back-after-record-winter-crop-abares-grain-central.md) | +0.7% | +0.6% |
| WHEAT | 2016-12-13 | [International Maize, Wheat, Rice Prices Remain Down, According to Latest FPMA Report \| Food Security Portal](https://feedsoft.ai/events/73523-international-maize-wheat-rice-prices-remain-down-according-to-latest-fpma.md) | -1.2% | +1.2% |

## Sources

- pigpeople.net: https://www.pigpeople.net/news/article.html?no=20261

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