Loading…
The FAO Food Price Index fell 1.2% in October 2026, with the cereal index down 4.5% on weaker wheat, maize, barley and sorghum. The meat index eased 1.2%, but chicken prices held flat despite ample global supplies and a Newcastle disease detection in Brazil.
Lower cereal prices reduce feed costs for poultry producers, but chicken prices have not yet passed that relief to buyers. Feed grain weakness is bearish for corn and sorghum prices.
naufoodgroup.comNov 11, 2026After 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.
After 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.
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.
