FAO: World food prices fall for third consecutive month

VTV.vn - According to FAO, the food price index - reflecting fluctuations in a basket of globally traded food commodities - averaged 125.1 points in November 2025.

Wheat after being harvested in Jalandhar, India. (Source: ANI/VNA)

World food prices fell for the third consecutive month, with most major commodities except cereals falling, the United Nations Food and Agriculture Organization (FAO) said.

The FAO said the Food Price Index - which reflects movements in a basket of globally traded food commodities - averaged 125.1 points in November 2025, down from a revised 126.6 points in October 2025 and to its lowest level since January 2025.

The agency said the November 2025 average was 2.1% lower than the same period last year and down 21.9% from the record high in March 2022.

FAO recorded a 5.9% decrease in sugar prices in November 2025 compared to October 2025, to the lowest level since December 2020 due to the prospect of abundant global supplies.

The dairy price index fell 3.1% for the fifth consecutive month as milk production and export supplies increased.

Vegetable oil prices fell 2.6 percent to a five-month low as prices of most products, including palm oil, fell across the board, outweighing gains in soybean oil, the agency said.

Meat prices fell 0.8%, with pork and poultry seeing the biggest falls, the FAO said, while beef prices were broadly stable thanks to the removal of US import tariffs, helping to cool recent increases.

In contrast, the FAO said its cereal price index rose 1.8% from the previous month. Wheat prices rose on the back of expected purchases by China and geopolitical tensions in the Black Sea region, while maize prices were supported by export demand from Brazil and weather disruptions to farming in South America.

In a separate report on cereal supply and demand, FAO raised its forecast for global cereal production in 2025 to a record 3.003 billion tonnes from 2.990 billion tonnes last month, mainly due to an upward revision of wheat output.

FAO also raised its forecast for world cereal stocks at the end of the 2025-2026 season to a record high of 925.5 million tonnes, thanks to increased wheat stocks in China and India, along with increased coarse grain stocks in exporting countries./.

Source: https://vtv.vn/fao-gia-luong-thuc-the-gioi-giam-thang-thu-ba-lien-tiep-100251206095951492.htm