The FAO Cereal Price Index increased 3.4% to 113.8 points in July 2026 from 110 in June. Global wheat prices surged by 5.8% amid heightened concerns over continued disruptions to Black Sea export flows and damage to export infrastructure, further compounded by the impact of recent heatwaves on crop yields in several key producing countries. World maize prices also increased, up 3.6%, supported by concerns over hot and dry weather in parts of the Corn Belt in the US and spillover effects from firmer energy markets amid heightened geopolitical tensions. source: Food and Agriculture Organization of the United Nations
Cereals Price Index in World averaged 89.97 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 August of 2026.
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 |
|
|
113.80 |
110.00 |
173.50 |
48.60 |
1990 - 2026 |
Index Points |
Monthly |
2014-2016=100
|