The FAO Cereal Price Index edged up 0.2% to 107.5 points in January 2026, reaching the highest level since May 2025. Barley prices increased modestly and rice was up 1.8%, reflecting firmed demand. On the other hand, wheat prices declined 0.4% as upward pressure stemming from strong export sales by Australia and Canada, along with weather concerns affecting dormant crops in the Russian Federation and the United States of America, was offset by an overall comfortable global supply situation. Maize cost dropped 0.2%. source: Food and Agriculture Organization of the United Nations
Cereals Price Index in World averaged 89.67 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 February 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 |
|
|
107.50 |
107.30 |
173.50 |
48.60 |
1990 - 2026 |
Index Points |
Monthly |
2014-2016=100
|