# Global food commodity prices rebound in August

> The FAO Food Price Index rose 3.1% in August to 127.4 points, rebounding after two monthly declines. Gains were led by sugar, vegetable oils and wheat, while maize prices fell 0.9%.

- Date: 2021-09-02 · published 2021-09-02T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9829-global-food-commodity-prices-rebound-in-august
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher wheat and palm oil prices support those markets, while lower maize prices offer some relief for feed costs. The rebound reflects reduced harvest expectations in major exporters and palm oil production concerns in Malaysia.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-08-04 | [Global food prices rise after Russia ends grain deal and India restricts rice exports \| AP News](https://feedsoft.ai/events/34652-global-food-prices-rise-after-russia-ends-grain-deal-and-india-restricts-rice.md) | +1.0% | -6.6% |
| WHEAT | 2026-05-08 | [Global food prices up for third straight month \| World Grain](https://feedsoft.ai/events/10152-global-food-prices-up-for-third-straight-month-world-grain.md) | +3.3% | -0.2% |
| 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 | 2020-11-11 | [AgriMarketing.com - Ag Commodity Prices Surge On USDA's Reduced Yield Forecasts](https://feedsoft.ai/events/50096-agrimarketing-com-ag-commodity-prices-surge-on-usda-s-reduced-yield-forecasts.md) | -3.1% | +2.6% |
| WHEAT | 2022-04-10 | [FAS Report: "The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity" - Farm Policy News](https://feedsoft.ai/events/14942-fas-report-the-ukraine-conflict-and-other-factors-contributing-to-high.md) | -2.4% | +3.1% |
| PALMOIL | 2022-03-02 | [Global food prices rise in January](https://feedsoft.ai/events/42354-global-food-prices-rise-in-january.md) | -2.6% | -3.6% |
| PALMOIL | 2021-09-07 | [World food prices jump in Aug, cereal harvest outlook cut -FAO - Cafe Aberto](https://feedsoft.ai/events/45161-world-food-prices-jump-in-aug-cereal-harvest-outlook-cut-fao-cafe-aberto.md) | +0.6% | +6.2% |
| PALMOIL | 2024-09-06 | [Fertilizer Prices Declining But Remain High Globally: FAO Food Price Index and AMIS Market Monitor Released \| Food Security Portal](https://feedsoft.ai/events/28653-fertilizer-prices-declining-but-remain-high-globally-fao-food-price-index-and.md) | -1.3% | +9.6% |

## Sources

- bizcommunity.com: https://www.bizcommunity.com/Article/1/641/219670.html

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