# International grain prices forecast to rise 1.2% in Q4… feed grain import prices to fall

> South Korea’s agricultural outlook center forecast its international grain futures price index to rise 1.2% in the fourth quarter from the third quarter, to 132.4, citing Black Sea export disruptions and higher oil prices. It projected the feed-grain import cost index to fall 3.9%, to 129.9, mainly because the won strengthened against the dollar; it also forecast a high probability of El Niño conditions from November through January.

- Date: 2026-11-08 · published 2026-11-09T07:37:52.260Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/89057-international-grain-prices-forecast-to-rise-1-2-in-q4-feed-grain-import-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Disrupted Black Sea exports and higher oil-related biofuel demand could support international grain prices, while the stronger won could lower costs for Korean feed buyers. The forecast therefore points to firmer global grain prices but lower local-currency import costs.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-05-21 | [Corn Supply Falls While Feed Grain Prices Rise - RFD-TV](https://feedsoft.ai/events/19340-corn-supply-falls-while-feed-grain-prices-rise-rfd-tv.md) | -0.8% | -7.6% |
| CORN | 2022-04-08 | [Ukraine war drives international food prices to ‘new all-time high’ \| UN News](https://feedsoft.ai/events/14496-ukraine-war-drives-international-food-prices-to-new-all-time-high-un-news.md) | -0.7% | -6.4% |
| CORN | 2026-09-17 | [IGC: Grain production falls but GOI prices rise \| World Grain](https://feedsoft.ai/events/9696-igc-grain-production-falls-but-goi-prices-rise-world-grain.md) | -1.2% | -5.6% |
| CORN | 2024-10-17 | [USDA forecasts rise in corn and sorghum exports amid global shortages \| Feed & Grain](https://feedsoft.ai/events/27919-usda-forecasts-rise-in-corn-and-sorghum-exports-amid-global-shortages-feed-and.md) | +2.1% | +2.9% |
| CORN | 2019-03-13 | [India forecast to harvest record rice crop \| 2019-03-13  \| World Grain](https://feedsoft.ai/events/60050-india-forecast-to-harvest-record-rice-crop-2019-03-13-world-grain.md) | +4.3% | -1.0% |
| SOY | 2022-07-08 | [China's palm oil imports to avoid 17-year low, with soy imports to exceed forecasts too - Grain Price News](https://feedsoft.ai/events/14914-china-s-palm-oil-imports-to-avoid-17-year-low-with-soy-imports-to-exceed.md) | +1.2% | +1.5% |
| SOY | 2021-07-15 | [Markets Eye Forecast for Northern Plains \| Feed & Grain](https://feedsoft.ai/events/46150-markets-eye-forecast-for-northern-plains-feed-and-grain.md) | -1.9% | -4.2% |
| SOY | 2025-01-28 | [US grain transportation demand remains strong in Q4 \| Feed & Grain](https://feedsoft.ai/events/16483-us-grain-transportation-demand-remains-strong-in-q4-feed-and-grain.md) | +1.3% | -1.3% |

## Sources

- pignpork.com: http://www.pignpork.com/news/articleView.html?idxno=20117

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