Cereals (real terms)

World market. Reference price, updated monthly.

105.8 points

+5.1% Previous month 100.6 points (August 2026). Latest month: September 2026. Base: 2014–2016 average = 100.

History

This year Last year

Recent prices

points

Date	Index	Change
1 Sept 2026	105.8	+5.1%
1 Aug 2026	100.6	+2.6%
1 Jul 2026	98.0	+3.4%
1 Jun 2026	94.8	-3.6%
1 May 2026	98.4	+2.6%
1 Apr 2026	95.9	+0.8%
1 Mar 2026	95.2	+1.6%
1 Feb 2026	93.7	+1.1%
1 Jan 2026	92.6	+0.2%
1 Dec 2025	92.4	+1.6%
1 Nov 2025	91.0	+1.7%
1 Oct 2025	89.4	-1.0%
1 Sept 2025	90.3	-0.8%
1 Aug 2025	91.0	-0.8%
1 Jul 2025	91.7	—

Where is the index?

89.4105.8

Near this year’s highs: above 100% of the index values in the last 12 months.

vs last year: +17.2% from 90.3 (1 Sept 2025)

Related indices

Cereals World marketSeptember 122.8 points +5.1%

Source

© FAO, FAO Food Price Index (www.fao.org/worldfoodsituation/foodpricesindex) and dairy, meat and oilcrop price indices

Source page

What does this price show?

In real terms, i.e. without inflation: FAO divides the index by the World Bank’s index of prices of manufactured goods in world trade (MUV). It shows whether food became dearer or cheaper than other goods. The FAO Cereal Price Index follows international export prices of wheat, maize, barley, sorghum and rice, weighted by each one’s share of world trade in 2014–2016. Base: the 2014–2016 average = 100; a value of 120 means prices are 20% above their average of those three years. FAO publishes it once a month, usually on the first Friday, for the previous month; the latest months may be revised.

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Cereals (real terms)

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