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The FAO Cereal Price Index averaged 108.6 points in February, up 1.1 points (1.1%) from January but still 4.0 points (3.5%) below its level a year earlier.
World wheat prices rose by 1.8% in February, underpinned by reports of frosts and heightened winterkill risks in parts of Europe and the United States of America. Logistical disruptions in the Russian Federation and continuing tensions in the Black Sea region also contributed to the increase.
International coarse grain prices also rose, albeit more moderately. World maize prices remained broadly steady, while barley quotations continued to firm on sustained demand from China for Australian supplies and purchases by North African buyers sourcing from Europe. Prices of sorghum also increased on strong international demand.
The FAO All Rice Price Index edged up by 0.4% in February, supported by sustained demand for basmati and Japonica varieties.
March 6, 2026/ FAO.
https://www.fao.org
