Vegetable oils remain unaffected by the FAO Food Price Index decline

The FAO Food Price Index* (FFPI) averaged 126.4 points in October 2025, down 2.1 points (1.6 percent) from the revised September level of 128.5 points, marking its second consecutive monthly decline. Lower price indices for cereals, dairy products, meat and sugar outweighed an increase in the vegetable oil index. Overall, the FFPI was slightly below its October 2024 level and remained 33.8 points (21.1 percent) lower than its peak in March 2022. » The FAO Cereal Price Index averaged 103.6 points in October, down 1.3 points (1.3 percent) from September and 10.9 points (9.5 percent) below its level a year ago. Price indices of all the major cereals declined month-on-month. The wheat price index fell by 1.0 percent, mostly reflecting ample global supplies, favourable production prospects in the southern hemisphere where harvesting is underway, and steady progress of winter wheat planting across the northern hemisphere. The coarse grain index declined by 1.1 percent in October, with ...