FAO Food Price Index edges up to 136.0 points on sugar, cereal and vegetable oil prices

2 October 2026

The FAO Food Price Index averaged 136.0 points in September 2026, up 2.0 points or 1.5 per cent from its revised August level, the Food and Agriculture Organization reported.
The index stood 7.4 points (5.8 per cent) higher than a year earlier but remained 24.3 points (15.1 per cent) below its peak of March 2022.
The price indices for cereals, vegetable oils and sugar all increased from the previous month, while the meat and dairy price indices both declined.
The cereal price index averaged 122.8 points, up 5.1 per cent, with world wheat prices up 6.3 per cent to their highest level since August 2023, largely because of logistical constraints in the Black Sea region, and maize up 5.6 per cent to a more than three-year high.
The sugar price index averaged 114.0 points, up 6.1 per cent and its highest since April 2025, on prospects of tighter supplies in 2026/27 from the European Union, Thailand, India and Brazil.
The vegetable oil index averaged 198.6 points, led by palm oil, while the meat index fell to 127.9 points and the dairy index to 119.1 points.