The FAO Food Price Index slipped 0.4% to 123.9 points in January 2026, marking a fifth consecutive monthly decline and a fresh low level since August 2024. Sugar prices declined 1%, driven by expectations of increased global sugar supplies in the current season, largely underpinned by a significant production rebound anticipated in India and favourable prospects in Thailand. Also, dairy cost tumbled 5%, the seventh consecutive monthly decline, driven largely by lower world cheese and butter prices. Meat declined 0.4%, the lowest since May 2025, mainly reflecting lower pig meat prices, while quotations for bovine and ovine meats remained broadly stable. In contrast, cereal costs edged up 0.2%, reaching the highest since May 2025. Barley prices increased modestly and rice was up 1.8%, reflecting firmed demand while wheat prices declined 0.4%. Oil prices also jumped 2.1%, amid higher world prices of palm, soy and sunflower oils, which more than offset lower rapeseed oil quotations. source: Food and Agriculture Organization of the United Nations
Food Price Index in World decreased to 123.90 Index Points in January from 124.30 Index Points in December of 2025. Food Price Index in World averaged 89.20 Index Points from 1990 until 2026, reaching an all time high of 160.20 Index Points in March of 2022 and a record low of 50.80 Index Points in May of 2002. This page includes a chart with historical data for World Food Price Index. World Food Price Index - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.