The FAO Cereal Price Index jumped 5.1% to 122.8 points in September 2026, reaching its highest level since December 2023. Wheat prices increased 6.3% to the highest level since August 2023, largely associated with logistical constraints in the Black Sea region, which prompted importers to shift towards alternative origins. Dry weather conditions in parts of North America ahead of winter wheat planting also contributed to the increase. Global maize prices rose by 5.6%to their highest level in more than three years, supported by a tightening supply outlook following lower-than-anticipated yields in the US and less export availability in Brazil. Trade disruptions in the Black Sea region reduced maize export availability, while uncertainty over shipping through the Strait of Hormuz kept concerns about fuel, fertilizer and freight costs elevated, providing additional support to commodity prices, particularly for those used as biofuel feedstocks, such as maize. source: Food and Agriculture Organization of the United Nations
Cereals Price Index in World averaged 90.10 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 October of 2026.