News•Feb 6, 2026
FAO Food Price Index Declines in January for Fifth Consecutive Month
The FAO Food Price Index slipped to 123.9 points in January, marking a fifth consecutive monthly decline and a 0.4% drop from December. Prices fell sharply for dairy (‑5%) and sugar (‑1%), while the cereal price index edged up 0.2% and vegetable‑oil prices rose 2.1%. FAO’s latest outlook projects global cereal stocks‑to‑use at 31.8%, the highest level since 2001, driven by record harvest forecasts for wheat, maize and rice.
