0
The FAO Cereal Price Index averaged 113.8 points in July, up 3.8 points (3.4%) from June and 7.3 points (6.9%) above its July 2025 level.
Global wheat prices surged by 5.8%, standing 9.9% above their year-earlier level, amid heightened concerns over continued disruptions to Black Sea export flows and damage to export infrastructure, further compounded by the impact of recent heatwaves on crop yields in several key producing countries.
World maize prices also increased, up 3.6% from June, supported by concerns over hot and dry weather in parts of the Corn Belt in the United States of America and spillover effects from firmer energy markets amid heightened geopolitical tensions.
International sorghum prices edged higher in line with the increases in maize prices in the United States of America.
By contrast, barley prices fell by 1.9%, as favourable crop prospects in Australia and the Black Sea region more than offset heat-related yield losses in the European Union.
On the other hand, the FAO All Rice Price Index held broadly steady in July 2026, as a mild increase in Indica quotations was offset by demand-driven price declines for all other major traded rice varieties.
August 7, 2026/ FAO.
https://www.fao.org
