The FAO Cereal Price Index increased 1.5% to 110.4 points in March 2026, the highest level since April 2025, reflecting higher quotations for all major cereals except rice. International wheat prices rose by 4.3%, supported by deteriorating crop condition ratings in the US amid drought concerns and expectations of reduced plantings in Australia in response to anticipated higher fertilizer costs. These upward pressures were partly offset by generally favourable crop conditions in Europe and strong competition among exporters, underpinned by still comfortable supply levels. source: Food and Agriculture Organization of the United Nations

Cereals Price Index in World averaged 89.76 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 April of 2026.

Related	Last	Previous	Unit	Reference
Cereals Price Index	110.40	108.70	Index Points	Mar 2026
Dairy Price Index	120.90	119.40	Index Points	Mar 2026
FAO Food Price Index	128.50	125.50	Index Points	Mar 2026
Meat Price Index	127.70	126.50	Index Points	Mar 2026
Oils Price Index	183.10	174.20	Index Points	Mar 2026
Sugar Price Index	92.40	86.20	Index Points	Mar 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.