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Global food prices dropped in December 2025, lowest since January, though annual averages remained above 2024 levels.
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.
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.
Cereal prices rose in December due to Black Sea export concerns and strong ethanol demand, but annual averages remained below 2024 levels.
Meat and dairy prices dropped in December but were still higher for the year.
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.
Los precios mundiales de los alimentos cayeron en diciembre de 2025, el nivel más bajo desde enero, aunque los promedios anuales permanecieron por encima de los niveles de 2024.