FAO Food Price Index slips to 133.9 points while sugar climbs a fourth straight time

6 November 2026

The United Nations food agency, the Food and Agriculture Organization (FAO), reported on Friday that its FAO Food Price Index averaged 133.9 points in October 2026. That is 1.6 points, or 1.2 percent, under the revised reading for the previous month and 5.9 percent higher than a year earlier, though it stays 16.4 percent below the peak of March 2022. The FAO Cereal Price Index fell 4.5 percent as wheat demand stayed subdued. The FAO Sugar Price Index rose for the fourth consecutive month, gaining 6.6 percent after rain disrupted cane harvesting in Brazil, its highest level since December 2024. FAO forecasts world cereal production at 2 999 million tonnes in 2026, the second-highest on record. Its Crop Prospects and Food Situation report lists 41 countries and territories in need of outside food assistance, 31 of them in Africa.