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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-09 09:00 AM
FAO Food Price Index
Dec 124.3 125.1
2026-02-06 09:00 AM
FAO Food Price Index
Jan 123.9 124.3
2026-03-06 09:00 AM
FAO Food Price Index
Feb 123.9

Components Last Previous Unit Reference
Cereals Price Index 107.50 107.30 Index Points Jan 2026
Dairy Price Index 121.80 128.20 Index Points Jan 2026
Meat Price Index 123.80 124.20 Index Points Jan 2026
Oils Price Index 168.60 165.20 Index Points Jan 2026
Sugar Price Index 89.80 90.70 Index Points Jan 2026

Related Last Previous Unit Reference
FAO Food Price Index 123.90 124.30 Index Points Jan 2026


World Food Price Index
The FAO Food Price Index (FFPI) is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices weighted by the average export shares of each of the groups over 2014-2016. The FFPI is calculated as the trade-weighted average of the prices of food commodities spanning the key agricultural markets for cereals, vegetable oils, sugar, meat and dairy products. While these commodities represent about 40 percent of gross agricultural food commodity trade (FAOSTAT), they are chosen for their high and strategic importance in global food security and trade.
Actual Previous Highest Lowest Dates Unit Frequency
123.90 124.30 160.20 50.80 1990 - 2026 Index Points Monthly
2014-2016=100

News Stream
World Food Prices Fall for 5th Month
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.
2026-02-06
World Food Prices Down to 16-Month Low
The FAO Food Price Index fell 0.6% to 124.3 points in December 2025, reaching the lowest since August 2024. Vegetable oil prices edged down 0.2% to a six-month low, reflecting lower prices of soy, rapeseed and sunflower oils, which more than offset higher palm oil quotations. Also, meat cost declined 1.3% to a six-month low, with prices of bovine and poultry meats falling the most. Dairy cost tumbled 4.4%, a sixth consecutive monthly decline, driven by seasonally higher cream availability in Europe and stock accumulation following strong production earlier in the year. On the other hand, prices of cereals rose 1.7% as renewed concerns over Black Sea export flows lent support to wheat prices. Sugar cost increased 2.4% after three consecutive declines, due to a sharp drop in sugar production in Brazil, reflecting lower sugarcane crushing and a reduced use of sugarcane for sugar production. For 2025, the FAO Food Price Index averaged 127.2 points, 4.3% higher than the 2024 average.
2026-01-09
World Food Prices Fall for 3rd Month
The FAO Food Price Index fell 1.2% to 125.1 points in November 2025, marking a third consecutive monthly decline and a new low level since January. Sugar prices tumbled 5.9% to the lowest level since December 2020, amid expectations of ample global sugar supplies in the current season. Sugar production remained strong in Brazil’s key southern growing regions and India’s 2025/26 harvest started well. Dairy prices dropped 3.1% to September 2024-lows with declines recorded across all major dairy commodities. Prices for vegetable oils went down 2.6% as lower quotations for palm, rapeseed and sunflower oils, more than offset a slight increase in soyoil. Also, meat decreased 0.8%, continuing to be driven by lower pig and poultry prices. On the other hand, cereal cost went up 1.8%, driven by a 2.5% increase in wheat bolstered by potential Chinese interest in supplies from the US, concerns over continuing hostilities in the Black Sea region, and expectations of reduced plantings in Russia.
2025-12-05