The FAO Dairy Price Index declined 1.2% to 119.3 points in February 2026, the eighth consecutive monthly drop and the lowest level since January 2024, amid a continued fall in cheese prices, particularly in the European Union, driven by improved milk availability, softer demand from key export markets, and intensified international competition. source: Food and Agriculture Organization of the United Nations

Dairy Price Index in World averaged 88.83 Index Points from 1990 until 2026, reaching an all time high of 158.20 Index Points in June of 2022 and a record low of 36.80 Index Points in August of 1990. This page includes a chart with historical data for World Dairy Price Index. Dairy Price Index - values, historical data and charts - was last updated on March of 2026.



Related Last Previous Unit Reference
Cereals Price Index 108.60 107.50 Index Points Feb 2026
Dairy Price Index 119.30 120.70 Index Points Feb 2026
FAO Food Price Index 125.30 124.20 Index Points Feb 2026
Meat Price Index 126.20 125.20 Index Points Feb 2026
Oils Price Index 174.20 168.60 Index Points Feb 2026
Sugar Price Index 86.20 89.80 Index Points Feb 2026


Dairy Price Index
The Dairy Price Index is computed from two price quotes each (one for Europe and one for Oceania) for butter, skim milk powder (SMP) and whole milk powder (WMP), and one price quote for (Oceanian) cheese. The average of quotes is weighted by world average export trade shares for 2002–2004.
Actual Previous Highest Lowest Dates Unit Frequency
119.30 120.70 158.20 36.80 1990 - 2026 Index Points Monthly
2014-2016=100