The FAO Cereal Price Index decreased 3.5% to 110.2 points in June 2026, the lowest in four months. World wheat prices declined 4.4%, as rapid harvest progress and strong supply prospects in the Black Sea region outweighed concerns over crop prospects in the US and Australia. While recent rainfall eased risks in parts of Australia, El Niño-related dryness and higher input costs continued to weigh on production prospects. Additional downward pressure stemmed from a stronger US dollar and softer energy markets amid expectations of reduced tensions around the Strait of Hormuz. World maize prices also fell 6.2%, reflecting prospects of ample supplies in exporting countries in South America, alongside declining crude oil prices that weighed on biofuel demand. source: Food and Agriculture Organization of the United Nations

Cereals Price Index in World averaged 89.91 Index Points from 1990 until 2026, reaching an all time high of 173.50 Index Points in May of 2022 and a record low of 48.60 Index Points in August of 2000. This page includes a chart with historical data for World Cereals Price Index. World Cereals Price Index - values, historical data and charts - was last updated on July of 2026.



Related Last Previous Unit Reference
Cereals Price Index 110.20 114.20 Index Points Jun 2026
Dairy Price Index 117.40 119.20 Index Points Jun 2026
FAO Food Price Index 130.30 130.80 Index Points Jun 2026
Meat Price Index 131.00 130.50 Index Points Jun 2026
Oils Price Index 192.00 185.00 Index Points Jun 2026
Sugar Price Index 89.70 95.10 Index Points Jun 2026


World Cereals Price Index
The Cereals Price Index is compiled using the International Grains Council (IGC) Wheat Price Index of 10 quotations, 1 US maize quotation and 16 rice quotations. The rice quotations are combined into groups consisting of higher quality Indica, lower quality Indica, Japonica and Aromatic rice. Within each group, a simple average of the relative prices of appropriate quotations is calculated; then the average relative prices of each of the three varieties are combined by weighting them with their trade shares. Indices for wheat, coarse grains and rice are combined using export value weights of the base period 2002–2004.
Actual Previous Highest Lowest Dates Unit Frequency
110.20 114.20 173.50 48.60 1990 - 2026 Index Points Monthly
2014-2016=100