Food and Agriculture Organization (FAO)

The Food and Agriculture Organization (FAO) is a vital specialized agency of the United Nations, established in October 1945. With its headquarters situated in Rome, Italy, the FAO maintains a significant global presence, operating in more than 130 countries. The organization's core mission is to lead international efforts to defeat hunger, improve nutrition, and enhance global food security.

Financial Indicators

An essential tool utilized by FAO is the FAO Food Price Index (FFPI), which tracks monthly changes in international prices of a basket of food commodities, including dairy products. As of November 2024, the FFPI reached 127.5 points, with subsequent increases to 127.7 points in May 2025, 128.0 points in June 2025, and 130.1 points by August 2025. However, a slight decline was recorded in September 2025, attributed mainly to reduced prices in dairy and sugar. In October 2025, the FAO Dairy Price Index saw a decrease of 3.4%.

Significant Events

The recent fluctuations in the FFPI highlight ongoing challenges within global food supply chains, exacerbated by geopolitical tensions, climate conditions, and market dynamics. These changes carry significant implications for global food security, potentially increasing consumer costs, particularly in low-income regions.

Company Plans and Outlook

In response to these challenges, FAO is implementing strategic plans to stabilize food prices and bolster global food security. The organization is actively collaborating with international partners to enhance agricultural productivity, reduce food waste, and adapt to climate change. FAO is dedicated to strengthening local supply chains to mitigate future price fluctuations.

Future Engagements

FAO continues to engage in conferences with UN representatives and leading agricultural researchers to address international food security challenges. The organization places emphasis on investing in the development of human resources within the dairy sector, aligning with its broader goals. Utilizing its convening power, FAO facilitates dialogue among all stakeholders in the dairy sector. Assistant Director Thanawat Tiensin actively participates in relevant summits, and FAO collaborates with IDF-FIL on the Dairy Sustainability Declaration. Additionally, the organization has supported the Paris Dairy Declaration on Sustainability and participates in global forums such as the FAO Global Conference on Sustainable Livestock Transformation 2025. FAO forecasts a moderate recovery in global milk production in 2025, with an anticipated increase of 1.4% compared to 1.1% the previous year.

Modified: 2026/08/14