Food prices have gone down due to cheaper dairy products.

Global food prices declined slightly in September, driven by drops in the indices for dairy and sugar prices, reports the Food and Agriculture Organization (FAO). As of September 30: See where you can track food prices constantly The FAO Food Price Index, which tracks monthly changes, reached an average of 128.8 points in September, down from the revised level of 129.7 points in August. The September price level shows a 3.4% increase compared to the previous year, according to the organization. The FAO Cereal Price Index fell by 0.6%. International wheat prices decreased for the third consecutive month amid weak international demand and confirmation of large harvests in key producing countries. Global corn prices also fell due to forecasts of abundant supplies, as well as the temporary suspension of export taxes on grain in Argentina. The vegetable oil price index decreased by 0.7% in September, as lower quotations for palm and soybean oil offset the rise in prices for sunflower ...