
FAO cereal price index up in July
Global wheat, maize, and sorghum prices increased while barley prices fell.
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Global wheat, maize, and sorghum prices increased while barley prices fell.

July saw the first monthly decline in 2026, reflecting lower quotations across all meat categories except ovine meat.

Lower pig availability failed to support the market as weak demand, abundant pork supplies, and pressure from slaughter companies pushed the German pig sector into one of its worst crises in years.

We are facing a deep and prolonged crisis that is structural in nature. The European swine industry will be unrecognizable in two years.

Reinstating Mandatory Country of Origin Labeling (mCOOL) for beef and pork would impose significant costs.

The heat wave in Europe and the tension in Hormuz are bringing volatility back to markets that seemed calm just a few weeks ago.

World wheat, maize, barley, and sorghum prices fell month-on-month.

The increase was primarily driven by higher international poultry meat prices and, to a lesser extent, firmer ovine meat quotations, while pig and bovine meat prices declined.

June turned out to be far more challenging for the German pig market than producers had anticipated at the beginning of the month.

Pig prices remain below cost in a saturated European market where exporting is becoming increasingly difficult.

For the first time in years, no market expects prices to be higher than the year prior.

Learn how to market pigs based on profit, not weight, as the profit optimal point changes with prevailing market conditions.

Live hog and pork prices fell in May for the third consecutive month, pressured by weak domestic demand and a decline in export shipments.

Higher quotations for bovine and ovine meat, alongside a modest increase in poultry meat prices, were almost entirely offset by a decline in pig meat prices.

The continued increase reflected higher prices across all major cereals.

Argentina reduces export duties on wheat and barley starting in June and establishes a schedule of reductions for other grains starting in 2027.