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	Excel: Nominal and real indices from 1990 onwards (monthly and annual)
	CSV: Nominal indices from 1990 onwards (monthly)
	Excel: Nominal and real indices from 1961 onwards (annual)
	For export quotations of various foodstuffs and national retail/wholesale prices of foods please visit FAO’s Food Price Monitoring and Analysis (FPMA) Tool

» The FAO Food Price Index* (FFPI) averaged 131.1 points in July 2026, up 0.7 points (0.6 percent) from its June level. Increases in the price indices for cereals, sugar and vegetable oils were partially offset by declines in those for meat and dairy products. Compared to a year earlier, the FFPI stood 1.3 points (1.0 percent) higher but remained 29.1 points (18.2 percent) below its peak reached in March 2022.

» The FAO Cereal Price Index averaged 113.8 points in July, up 3.8 points (3.4 percent) from June and 7.3 points (6.9 percent) above its July 2025 level.  Global wheat prices surged by 5.8 percent, standing 9.9 percent above their year-earlier level, amid heightened concerns over continued disruptions to Black Sea export flows and damage to export infrastructure, further compounded by the impact of recent heatwaves on crop yields in several key producing countries. World maize prices also increased, up 3.6 percent from June, supported by concerns over hot and dry weather in parts of the Corn Belt in the United States of America and spillover effects from firmer energy markets amid heightened geopolitical tensions. International sorghum prices edged higher in line with the increases in maize prices in the United States of America. By contrast, barley prices fell by 1.9 percent, as favourable crop prospects in Australia and the Black Sea region more than offset heat-related yield losses in the European Union. On the other hand, the FAO All Rice Price Index held broadly steady in July 2026, as a mild increase in Indica quotations was offset by demand-driven price declines for all other major traded rice varieties.

» The FAO Vegetable Oil Price Index averaged 195.7 points in July, up 3.7 points (2.0 percent) month on month and marking its highest level since June 2022. The continued increase in the index reflected higher palm and soy oil prices, which more than offset lower sunflower and rapeseed oil quotations. International palm oil prices rose for the second consecutive month, following a brief decline in May, largely underpinned by firm demand from Indonesia’s biodiesel sector and higher crude oil prices, which outweighed downward pressure from seasonally higher production in Southeast Asia. Similarly, world soy oil prices increased, underpinned by persistently robust feedstock demand in the United States of America and stronger global import demand amid greater price competitiveness. By contrast, global sunflower and rapeseed oil prices declined, reflecting expectations of larger supplies in the 2026/27 season, although renewed tensions in the Black Sea region and concerns over the impact of these tensions on export flows limited further price declines.

» The FAO Meat Price Index averaged 127.7 points in July, down 3.6 points (2.8 percent) from June, but still 1.1 points (0.8 percent) above its level a year earlier. This marked the first monthly decline in 2026, reflecting lower quotations across all meat categories except ovine meat. International poultry meat prices decreased from June, largely due to lower quotations in Brazil amid ample export supplies. Uncertainty over future access to the European Union market, due to the antimicrobial requirements, further fuelled expectations that higher-value products could be redirected to alternative markets, likely intensifying competition and weighing on prices. Pig meat quotations also declined, driven by abundant supplies in the European Union and subdued global demand, although high summer temperatures limited animal growth rates, providing some price support. World bovine meat prices eased, reflecting weaker import demand from Asia. In Australia, export prices softened as shipments to China and the Republic of Korea declined after annual quota allocations had been filled, making subsequent exports subject to higher tariffs, while in Brazil, exports slowed as China's beef safeguard quota approached full utilization. By contrast, ovine meat prices increased further in July, reaching a new record high, supported by persistently tight exportable supplies in Oceania and sustained global import demand.

» The FAO Dairy Price Index averaged 116.2 points in July, down 0.8 points (0.7 percent) from June and 38.4 points (24.8 percent) below its level in July 2025, extending the decline observed since April. The decline reflected lower quotations for butter and milk powders, which more than offset a modest recovery in cheese prices. Skim milk powder (SMP) prices fell by 3.3 percent from June, as ample export supplies in the European Union and Oceania, coupled with more cautious buying following earlier price increases, weighed on quotations. Nevertheless, SMP remained the only dairy product trading above its July 2025 level. Whole milk powder (WMP) prices declined by 3.1 percent as subdued import demand, particularly from China, continued to outweigh firm purchases from Southeast Asia and the Near East, with increasing export competition adding downward pressure on quotations. Butter prices fell by 2.4 percent as improving milk fat availability and expanding export supplies eased market tightness, particularly in Europe. By contrast, the cheese price index rose by 1.7 percent, marking its first monthly increase since July 2025, as tighter seasonal milk supplies lifted cheese quotations in the European Union, more than offsetting continuing price declines in Oceania, where cheese prices remained under pressure from ample export supplies and intensified competition from the United States of America.

» The FAO Sugar Price Index averaged 95.0 points in July, up 5.1 points (5.6 percent) from June, but still down 8.3 points (8.0 percent) from its level a year ago. The increase was mainly driven by concerns about the potential impacts of persistent hot and dry weather on crop yields in the European Union and of El Niño-related weather conditions on production prospects in key producing countries in Asia. Expectations of stronger demand for ethanol in Brazil following a temporary increase in the mandatory ethanol blend in gasoline also provided support to prices, as a higher ethanol blending requirement could divert a larger share of sugarcane towards ethanol production and reduce sugar availability. However, improving harvesting conditions in Brazil's key Center-South growing regions limited the overall increase in international sugar prices.

* Unlike for other commodity groups, most prices utilized in the calculation of the FAO Meat Price Index are not available when the FAO Food Price Index is computed and published; therefore, the value of the Meat Price Index for the most recent months is derived from a mixture of projected and observed prices. This can, at times, require significant revisions in the final value of the FAO Meat Price Index which could in turn influence the value of the FAO Food Price Index.