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FAO’s global cereal price index fell 4.5% month over month in October 2026 to 116.8, down 12.6% year over year. Wheat prices declined as demand weakened and harvest prospects improved, particularly in Argentina; corn prices fell as the US harvest entered the market and South American supply prospects strengthened.
Barley and sorghum prices also eased, while the rice price index rose 1.6% amid weather-related harvest delays and higher costs.
Improved crop prospects and incoming supplies, alongside weaker demand, are bearish for wheat, corn, barley, and sorghum. Weather-related delays and higher costs are supportive of rice prices.
latifundist.comЄвгенія ТкаченкоNov 6, 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.
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.
