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The FAO Food Price Index fell 1.2% in October to 133.9, its first decline in four months, as lower grain, meat and dairy prices outweighed a sharp increase in sugar. Cereal prices dropped 4.5%, with wheat, corn, barley and sorghum down, while rice rose 1.6%; vegetable oils edged higher, including soybean oil on biofuel demand and tighter seasonal South American supplies.
Lower cereal prices on sluggish wheat demand and improved Argentine harvest prospects ease feed-grain cost pressure, although weather-related rice firmness and strength in soybean oil reflect tighter or stronger demand in those markets.
m.ajupress.comKim Dong-youngNov 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.
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.
