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FAO price indices of major cereals declined in October

The FAO Cereal Price Index was down 1.3% from September.

11 November 2025
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The FAO Cereal Price Index averaged 103.6 points in October, down 1.3 points (1.3%) from September and 10.9 points (9.5%) below its level a year ago. Price indices of all the major cereals declined month-on-month.

FAO cereal price index. Source: FAO.
FAO cereal price index. Source: FAO.

The wheat price index fell by 1.0%, mostly reflecting ample global supplies, favourable production prospects in the southern hemisphere where harvesting is underway, and steady progress of winter wheat planting across the northern hemisphere.

The coarse grain index declined by 1.1% in October, with lower quotations for barley, maize, and sorghum. Downward pressure on prices was partly offset by reports of reduced maize yields in the European Union and potentially also in the United States of America, as well as news of trade agreements between China and the United States of America.

The FAO All Rice Price Index fell by 2.5% in October 2025, driven by intensified competition for markets and the start of main-crop harvests in several northern hemisphere exporting countries.

November 7, 2025/ FAO.
https://www.fao.org

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