Monthly cereals price index 2000-2024

Monthly cereals price index worldwide from January 2000 to May 2024

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Release date

June 2024



Survey time period

January 2000 to May 2024

Special properties

Nominal data

Supplementary notes

* The source notes about the index: "Cereals Price Index: Compiled using the International Grains Council (ICG) wheat price index (an average of 10 different wheat price quotations), the IGC maize price index, (an average of 4 different maize price quotations), the IGC barley price index (an average of 5 different barley price quotations), 1 sorghum export quotation and the FAO All Rice Price Index. The FAO All Rice Price Index is based on 21 rice export quotations, combined into four groups consisting of Indica, Aromatic, Japonica, and Glutinous rice varieties. Within each varietal group, a simple average of the relative prices of appropriate quotations is calculated; then average relative prices of each of the four rice varieties are combined by weighting them with their (fixed) trade share for 2014-2016. The Cereal Price Index combines the relative prices of the sorghum, the IGC wheat, maize, and barley price indices (re-based to 2014-2016), and the FAO All Rice Price Index by weighting each commodity with its average export trade share for 2014-2016."

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