Global grain prices are at their highest level since February 2023.
62% confidence
AgricultureInternational
Omissions
The precise 'highest since February 2023' formulation is documented for Chicago wheat futures (AHDB market report, 1 September 2026), not for an aggregate 'global grain' index; the FAO Cereal Price Index data found (122.8 points in September 2026) is a multi-year high but the sources retrieved do not state that it exceeded every monthly value since February 2023.
The FAO's broadest measure, the Food Price Index (136.0 points in September 2026), was at its highest since November 2022 — an even stronger statement than the MEP's, but it covers all food commodities, not only grains.
Latest official data available before the 20 October 2026 session is for September 2026 (published 2 October 2026); the claim's 'now' therefore refers to September/early-October 2026 price levels.
Wheat prices are reported to be up more than 30% in 2026 (Reuters, 19 October 2026), i.e. the rise is recent and volatile, so the 'highest since' framing depends heavily on the reference series chosen.
PrimaryFAO Food Price Index (FAO World Food Situation)The FAO Cereal Price Index averaged 122.8 points in September, up 6.0 points (5.1 percent) from August and 18.0 points (17.2 percent) above its September 2025 level. The FAO Food Price Index averaged 136.0 points in September 2026, up 2.0 points (1.5 percent) from its revised August level.