Rome: World food commodity prices generally declined in October, driven largely by ample global supplies, according to the benchmark measure released Friday by the Food and Agriculture Organization of the United Nations (FAO).
According to Qatar News Agency, the FAO Food Price Index (FFPI), which tracks monthly changes in the international prices of a set of globally-traded food commodities, averaged 126.4 points in October 2025. This figure is down 2.1 points (1.6 percent) from the revised September level of 128.5 points, marking its second consecutive monthly decline. Lower price indices for cereals, dairy products, meat, and sugar outweighed an increase in the vegetable oil index. Overall, the FFPI was slightly below its October 2024 level and remained 33.8 points (21.1 percent) lower than its peak in March 2022.
The FAO Sugar Price Index saw a decline of 5.3 percent from the previous month, reaching its lowest level since December 2020. This decrease was driven by strong production trends in Brazil and anticipated larger outputs in Thailand and India. Additionally, lower crude oil prices contributed to a reduced demand from the biofuel sector, further exerting downward pressure on world sugar prices.
The FAO Dairy Price Index fell by 3.4 percent in October, with a significant decline in butter quotations due to ample export availabilities from the European Union and New Zealand.
The FAO Meat Price Index decreased by 2.0 percent for the month, primarily due to sharp drops in pig and poultry prices. However, bovine meat prices continued to rise, driven by higher quotations from Australia in response to firm global demand.
In contrast to the overall downward trend, the FAO Vegetable Oil Price Index rose by 0.9 percent in October, reaching its highest level since July 2022.
FAO also released updated forecasts for global cereal markets on Friday. World cereal production is expected to rise by 4.4 percent in 2025 to reach 2,990 million tonnes, setting a new record level with anticipated output increases across all major cereals.