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Global Food Prices Drop for Fifth Month; Dairy Hits Lowest

2/6/2026

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Summary

Story summary

World food prices decreased for the fifth consecutive month in January, according to the United Nations' Food and Agriculture Organization (FAO).
The FAO's food price index averaged 123.9 points, down 0.4% from December and 0.6% from the previous year.
Dairy prices fell the most, dropping 5% on lower cheese and butter costs.
The FAO projected a record global cereal production of 3.023 billion metric tons for 2025.

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Story summary

World food prices decreased for the fifth consecutive month in January, according to the United Nations' Food and Agriculture Organization (FAO).
The FAO's food price index averaged 123.9 points, down 0.4% from December and 0.6% from the previous year.
Dairy prices fell the most, dropping 5% on lower cheese and butter costs.
The FAO projected a record global cereal production of 3.023 billion metric tons for 2025.