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The FAO Food Price Index, a benchmark for world food commodity prices, averaged 130.1 points in July 2025, up 1.6 percent from June, driven primarily by rising international prices of meat and vegetable oils. Despite this monthly increase, the index remains 18.8 percent below its peak in March 2022, although 7.6 percent higher than its level in July 2024. The FAO Cereal Price Index averaged 106.5 points, down 0.8 percent from June. Declining wheat and sorghum prices outweighed increases in maize and barley. The FAO Vegetable Oil Price Index averaged 166.8 points in July, marking a sharp rise of 7.1 percent from the previous month, reaching a three-year high. The FAO Meat Price Index averaged 127.3 points, up 1.2 percent from June, reaching a new all-time high. The FAO Dairy Price Index edged down by 0.1 percent from June to 155.3 points, marking the first decline since April 2024. The FAO Sugar Price Index averaged 103.3 points, down 0.2 percent from the previous month, continuing its downward trend for a fifth consecutive month. Powered by Commodity Insights
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