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The FAO Cereal Price Index averaged 107.4 points in June, down 1.6 points (1.5%) from May and 7.8 points (6.8%) below its value a year ago.
Global maize prices fell sharply for the second consecutive month, as rising seasonal supplies in Argentina and Brazil intensified competition across major export origins. World prices of sorghum and barley also decreased in June. By contrast, despite harvest pressure from the northern hemisphere, international wheat prices increased month-on-month, mostly reflecting weather concerns in some key producing areas, including the Russian Federation and parts of the European Union and the United States of America. The FAO All Rice Price Index fell by 0.8 percent, driven by weaker demand for Indica varieties.
July 4, 2025/ FAO.
https://www.fao.org
