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Global Food Prices Decline Amid Rising Cereal Demand

12/5/2025

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Story summary
  • In November 2025, the United Nations’ Food and Agriculture Organisation (FAO) reported a decline in world food commodity prices for the third month, with the FAO Food Price Index averaging 125.1 points.
  • Sugar prices fell by 5.9%, and dairy prices decreased by 3.1%, while meat prices dropped by 0.8%, primarily due to lower pork and poultry prices.
  • Cereal prices increased by 1.8% amid rising wheat demand and geopolitical tensions in the Black Sea region, despite the FAO raising its global cereal production forecast for 2025 to a record 3.003 billion metric tons.