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FAO Reports Mixed Trends in Global Food Prices

2/9/2025

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Summary

Story summary

The FAO Sugar Price Index decreased to 111.2 points in January, down 6.8% from December and 18.5% year-on-year, attributed to increased supply from Brazil and India's sugar exports.
The FAO Cereal Price Index rose slightly to 111.7 points, with stable wheat prices and rising maize prices due to tight supplies and lower U.S. production forecasts.
The FAO Food Price Index fell by 1.6% in January, influenced by lower vegetable oil and sugar prices, remaining 22% below its March 2022 peak.
Global cereal stocks are projected to decline by 2.2% in 2025, mainly due to reduced maize stocks in the U.S., while rice production forecasts have improved.

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Story summary

The FAO Sugar Price Index decreased to 111.2 points in January, down 6.8% from December and 18.5% year-on-year, attributed to increased supply from Brazil and India's sugar exports.
The FAO Cereal Price Index rose slightly to 111.7 points, with stable wheat prices and rising maize prices due to tight supplies and lower U.S. production forecasts.
The FAO Food Price Index fell by 1.6% in January, influenced by lower vegetable oil and sugar prices, remaining 22% below its March 2022 peak.
Global cereal stocks are projected to decline by 2.2% in 2025, mainly due to reduced maize stocks in the U.S., while rice production forecasts have improved.