The FAO Cereal Price Index rose 2.6% to 114.3 points in May 2026, reaching the highest level since June 2024, reflecting higher prices across all major cereals. World wheat prices rose for the fourth consecutive month, supported by smaller-than-expected harvests in major exporters, including the US, where winter wheat crop conditions are among the least favourable in decades, while higher fuel and fertilizer costs added further upward pressure globally. Also, maize prices continued to be supported by stronger import demand in key markets, tighter availability in Brazil and the US, and firmer energy prices boosting ethanol-related demand. source: Food and Agriculture Organization of the United Nations

Cereals Price Index in World averaged 89.87 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 June of 2026.



Related Last Previous Unit Reference
Cereals Price Index 114.30 111.30 Index Points May 2026
Dairy Price Index 119.20 119.70 Index Points May 2026
FAO Food Price Index 130.80 131.00 Index Points May 2026
Meat Price Index 130.50 130.40 Index Points May 2026
Oils Price Index 185.00 193.90 Index Points May 2026
Sugar Price Index 95.10 88.50 Index Points May 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
114.30 111.30 173.50 48.60 1990 - 2026 Index Points Monthly
2014-2016=100