FAO Food Price Index Shows Decline in September with Dairy and Sugar Leading the Drop
Sourse: dairynews.today
In September 2025, the FAO Food Price Index recorded a slight decline, attributed primarily to reduced dairy and sugar prices. This marks a noteworthy shift in global food commodity trends.
The FAO Food Price Index (FFPI) averaged 128.8 points in September, slightly down from the revised August level of 129.7 points. Despite this decrease, the index was 4.2 points (3.4%) higher than in September 2024, yet 31.4 points (19.6%) below its peak in March 2022. The FAO Cereal Price Index dropped to 105.0 points, influenced by declines in wheat and maize prices due to ample supply forecasts from major producers. Meanwhile, the FAO Vegetable Oil Price Index fell to 167.9 points, led by decreases in palm and soybean oil prices.
Conversely, the FAO Meat Price Index hit a record high of 127.8 points, driven by surges in bovine and ovine meat prices, whereas pig and poultry prices remained stable. The FAO Dairy Price Index continued its decline for the third consecutive month to 148.3 points, spurred by a significant drop in butter and milk powder prices. Finally, the FAO Sugar Price Index reached its lowest point since March 2021, at 99.4 points, influenced by increased sugar production in Brazil and favorable crop conditions in India and Thailand.
Conversely, the FAO Meat Price Index hit a record high of 127.8 points, driven by surges in bovine and ovine meat prices, whereas pig and poultry prices remained stable. The FAO Dairy Price Index continued its decline for the third consecutive month to 148.3 points, spurred by a significant drop in butter and milk powder prices. Finally, the FAO Sugar Price Index reached its lowest point since March 2021, at 99.4 points, influenced by increased sugar production in Brazil and favorable crop conditions in India and Thailand.
Key News of the Week
