# FAO Food Price Index rises in November

> The FAO Food Price Index rose 1.2% in November 2020 to 134.4 points, its fourth straight monthly gain and highest since June 2011. The cereal index rose 3.1%, with wheat prices reaching their highest since May 2011 and maize export prices edging up, while the dairy index climbed 3.4%.

- Date: 2021-02-12 · published 2021-02-12T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9251-fao-food-price-index-rises-in-november
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher wheat and maize export prices raise the cost of imported feed grains, and firm dairy prices point to stronger global demand for dairy ingredients.

## Read by commodity

- CORN: bullish ▲
- MILK: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-03-12 | [FAO Food Price Index rises sharply](https://feedsoft.ai/events/54057-fao-food-price-index-rises-sharply.md) | -4.3% | -5.8% |
| WHEAT | 2026-09-04 | [FAO Food Price Index rises again \| World Grain](https://feedsoft.ai/events/17533-fao-food-price-index-rises-again-world-grain.md) | +1.4% | +0.4% |
| WHEAT | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | -7.3% | -4.2% |
| WHEAT | 2017-02-03 | [FAO Food Price Index edges higher in February](https://feedsoft.ai/events/8602-fao-food-price-index-edges-higher-in-february.md) | +3.8% | +2.2% |
| WHEAT | 2020-12-03 | [World food price index jumps in November to almost six-year high - FAO](https://feedsoft.ai/events/5276-world-food-price-index-jumps-in-november-to-almost-six-year-high-fao.md) | +9.8% | +9.8% |
| CORN | 2020-03-12 | [FAO Food Price Index rises sharply](https://feedsoft.ai/events/54057-fao-food-price-index-rises-sharply.md) | -7.4% | -3.7% |
| CORN | 2026-09-04 | [FAO Food Price Index rises again \| World Grain](https://feedsoft.ai/events/17533-fao-food-price-index-rises-again-world-grain.md) | +0.5% | +1.9% |
| CORN | 2023-06-10 | [FAO Food Price Index unchanged in September](https://feedsoft.ai/events/6886-fao-food-price-index-unchanged-in-september.md) | +6.8% | -3.2% |

## Sources

- fao.org: https://www.fao.org/newsroom/detail/fao-food-price-index-rises-in-november/en/

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