World food commodity prices fell for a second consecutive month in October, driven largely by ample global supplies, the United Nations' Food and Agriculture Organization (FAO) said on Friday.
The FAO Food Price Index, which tracks a basket of globally traded food commodities, averaged 126.4 points in October, down from a revised 128.5 in September.
The index was down slightly compared to its October 2024 level and stood 21.1% below its March 2022 peak.
In a separate report, FAO forecast 2025 world cereal production at a record 2.990 billion metric tons, after projecting 2.971 billion tons last month.
The latest outlook was up 4.4% from 2024 output.
