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flag Global food prices dropped in December 2025, lowest since January, though annual averages remained above 2024 levels.

flag World food prices fell for the fourth consecutive month in December 2025, reaching their lowest average since January, according to the UN’s FAO, with the Food Price Index averaging 124.3 points, down from 125.1 in November and 2.3% lower than a year earlier. flag Despite the decline, the 2025 annual average of 127.2 points was 4.3% higher than 2024, driven by elevated dairy and vegetable oil prices. flag Cereal prices rose in December due to Black Sea export concerns and strong ethanol demand, but annual averages remained below 2024 levels. flag Meat and dairy prices dropped in December but were still higher for the year. flag Vegetable oil prices eased to a six-month low but averaged 17.1% above 2024, while sugar prices rose in December but fell 17% annually due to ample global supplies.

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