Story perspectives

Global Food Prices Drop Again: Dairy and Meat Decline

1/10/2026

Summary

Story summary

World food prices decreased for the fourth consecutive month in December 2025, as reported by the Food and Agriculture Organization (FAO).
The FAO Food Price Index averaged 124.3 points, down 0.6% from November and 2.3% from the previous year.
The dairy index fell 4.4% due to increased cream availability in Europe, while meat prices decreased by 1.3%.
Despite these declines, the overall index for 2025 averaged 127.2 points, up 4.3% from 2024, driven by higher vegetable oil and dairy prices.
The cereal index rose 1.7% in December amid concerns over Black Sea wheat exports.

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Story summary

World food prices decreased for the fourth consecutive month in December 2025, as reported by the Food and Agriculture Organization (FAO).
The FAO Food Price Index averaged 124.3 points, down 0.6% from November and 2.3% from the previous year.
The dairy index fell 4.4% due to increased cream availability in Europe, while meat prices decreased by 1.3%.
Despite these declines, the overall index for 2025 averaged 127.2 points, up 4.3% from 2024, driven by higher vegetable oil and dairy prices.
The cereal index rose 1.7% in December amid concerns over Black Sea wheat exports.