
The FAO Cereal Price Index fell 4.5% month on month in October to 116.8, with wheat and corn prices declining while the rice index rose 1.6%. Ukraine’s corn harvest began in Sumy and Chernihiv, where initial yields were reported at 10.28 and 9.75 tonnes per hectare, respectively.
The lower global index reflects weaker demand, improved crop prospects and new-crop supplies, putting downward pressure on wheat and corn prices. Early Ukrainian harvest results add local corn supply, though quality and delivery conditions will affect market availability.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.