This month’s FAO Food Price Index is out. The index measures the monthly change in the price of food commodities around the globe. Where do global food prices stand, and which categories saw the largest gains?
The FAO Food Prince Index for October was down 0.5 percent from September, and almost 11 percent below this time last year.
Most categories were down, following a recent trend that started about a year ago. This comes with declines in sugar, cereals, vegetable oils, and meat.
Here are some key takeaways from this month’s report:
- Dairy saw an increase, up 2.2 percent, but still around 20 percent off a year ago.
- The cereal price index was down one percent.
- Vegetable oil was down to 0.7.
- Meat was down 0.6 percent, and sugar fell 2.2 percent.
Related Stories
Expanded school access to whole milk provides modest but reliable demand support for U.S. dairy producers.
Tight beef cow supplies and steady demand point to continued record-level cull cow prices in 2026.
Rail continues to carry a larger share of the grain load, increasing sensitivity to rail capacity, labor, and pricing conditions.
