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World food prices ease further in January, United Nations' FAO says

The FAO food price index averaged 123.9 points in January, with dairy prices dropping 5% month-on-month, driven by lower cheese and butter costs, the agency reported.

  • World food prices fell for the fifth consecutive month in January, led by declines in dairy, sugar, and meat products, according to the United Nations' Food and Agriculture Organization .
  • The FAO's food price index, which tracks internationally traded food commodities, was 22.7% below its peak in March 2022 after Russia's invasion of Ukraine.
  • The FAO raised its estimate on 2025 global cereal production to a record 3.023 billion metric tons, citing higher wheat yields and improved maize prospects, and said world cereal stocks were set to expand in the 2025/26 season.
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World food prices ease further in January, United Nations' FAO says

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Grain and oil prices have risen, and the world food price index has fallen for five consecutive months. The World Food Price Index (average price from 2014 to 2016 of 100) for January, announced by the Food and Agriculture Organization of the United Nations (FAO) on the 6th (local time), stood at 123.9, down from 123.9 the previous month (12).

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WTVB broke the news in on Friday, February 6, 2026.
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