Wheat

United Nations Food and Agriculture Organization (FAO) announced a slight decrease in the June Food Price Index, with mixed movements in grain prices.

The UN Food and Agriculture Organization (FAO) announced on July 3, 2026, that the June world food price index slightly decreased compared to the previous month. This was attributed to price declines in some items, but grain prices showed mixed movements by item, limiting the overall downward trend. The international food market is analyzed to maintain high volatility due to geopolitical factors, weather conditions, and policy changes in major producing countries.